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Fed likely to hike 75bp in 2022 beginning September, Sam Ro expects

Fed likely to hike 75bp in 2022 beginning September, Sam Ro expects
Fed seen hiking 75bp in 2022

Sam Ro reports that Bank of America expects the Federal Reserve to raise interest rates by 75 basis points in 2022, beginning in September. The institution also projects that persistent inflation will likely keep monetary policy unchanged next year.

Sam Ro previously reported that Barry Diller’s People Inc. was preparing an offer to buy MGM Resorts for over $18 billion. He also covered a company IPO that raised $75 billion, resulting in a 19% stock jump. These developments add to recent major headlines tracked by the author.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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