1. Wall Street Veteran Says Fed Won't Deploy 50-Basis-Point Rate Hike.
- Author
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Reyes, Max
- Subjects
INTEREST rates ,VETERANS - Abstract
R75AAIT1UM0W (Bloomberg) -- Wall Street veteran Peter Kraus said the Federal Reserve will avoid a 50-basis-point increase in interest rates, even as markets gyrate over concerns about inflation and geopolitical conflict. Keywords: AB; ALLTOP; BON; BUSINESS; GOV; MARKETS; NORTHAM; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN AB ALLTOP BON BUSINESS GOV MARKETS NORTHAM TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU (Bloomberg) -- Wall Street veteran Peter Kraus said the Federal Reserve will avoid a 50-basis-point increase in interest rates, even as markets gyrate over concerns about inflation and geopolitical conflict. "It's pretty clear: The Fed is going to increase interest rates by 25 basis points", Kraus said Friday on Bloomberg Television. [Extracted from the article]
- Published
- 2022