Strong US Employment will lead to a July Rate Hike
About the author:
- Author name:
- By Michael Knox
- Job title:
- Chief Economist and Director of Strategy
- Date posted:
- 13 July 2022, 10:00 AM
Michael Knox, Morgans Chief Economist gives an update as the FED needs to slow employment growth from 372,00 per month to 100,000 per month. This will likely lead to another 75 basis point rate hike in July 2022.
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