Sam Burns on Fed Delivering a Quarter-Percent Hike

Don Ma
By Don Ma
May 3, 2023NTD Business

The Fed on May 3 approved its 10th straight interest rate hike. It was an increase of a quarter percent. Comments by Federal Reserve Chair Jerome Powell left investors wondering what the central bank’s next move will be on interest rate hikes. NTD spoke to Sam Burns, chief strategist at Mill Street Research, for his take.

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