As anticipated, the Federal Reserve pushed its key policy rate to a 22-year high last week with another 0.25% interest rate hike. But investors are betting that might be it for a while.
July delivered data showing U.S. consumer sentiment rising and inflation easing, adding to growing optimism that the economy will avoid a recession and encourage the Federal Reserve to end its cycle of interest rate increases.
July delivered data showing U.S. consumer sentiment rising and inflation easing, adding to growing optimism that the economy will avoid a recession and encourage the Federal Reserve to end its cycle of interest rate increases.