Fed to deliver 25-basis-point hike in May, stay on hold rest of year – Reuters poll

BENGALURU  – The U.S. Federal Reserve will deliver a final 25-basis-point interest rate increase in May and then hold rates steady for the rest of 2023, according to economists in a Reuters poll, which also showed a short and shallow recession this year was likely. Worries about an economic downturn, which were also highlighted by … Continue reading Fed to deliver 25-basis-point hike in May, stay on hold rest of year – Reuters poll