(CNBC) The Federal Reserve is expected to start raising interest rates next month and not slow down until well into 2023, though the slope of the increases might be a bit gentler. Events over the past week, including statements from multiple Fed officials and, to a lesser extent, geopolitical turmoil, have convinced markets that the first-rate move will be just a quarter percentage point.
The market has adjusted its views of how the Federal Reserve will raise interest rates
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