Wall Street traders are ratcheting up the odds that the Federal Reserve lifts interest rates for the 11th straight time in June amid ongoing signs of inflationary pressures in the U.S. economy.
Traders are now pricing in a 52.8% chance of another quarter-percentage point increase during the Fed's June 13-14 meeting — a significant rise from just one day ago, when 36.4%…
This story from foxbusiness.com was posted on 2023-05-26 by @petalfl.