Live: Market Now Calling for 75 BPS Rate Hike!

Since Friday's horrible 8.6% CPI report, markets have been in turmoil awaiting the next Federal Reserve rate hike expected Wednesday. Previously the market expected 50 basis points, and the Fed had telegraphed exactly that. Now many are calling for 75 basis points and the market is moved sharply lower yesterday on these expectations. But is this for real or are we being set up for a relief rally on Wednesday?

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#StockMarket #inflation #FederalReserve #MelonHead