Fed’s hawkish cut fires up rate hike debate: McGeever By Reuters
By Jamie McGeever ORLANDO, Florida (Reuters) -The tip of the Federal Reserve’s curiosity rate-cutting cycle is immediately in sight, and an entire U-turn with price hikes subsequent yr can not be dominated out. The Fed lowered the fed funds price by 25 foundation factors on Wednesday to a goal vary of 4.25%-4.50%, as anticipated….