Another jumbo Fed rate hike is expected this week — and then life gets difficult for Powell
October 31, 2022 by keithhill530
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[ad_1] First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth straight jumbo interest-rate rise at its meeting this week. A hike of three-quarters of a percentage point would bring the central bank’s benchmark rate to a level of 3.75%- 4%. “The November decision is a lock. Well, I would