Economics

Nomura Now Expects Fed to Hike 75 Basis Points in June and July

WATCH: Powell says he sees merit in the argument for front-loading interest-rate increases, including a half percentage-point hike next month.Source: Bloomberg

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By Enda Curran

April 22, 2022 at 1:07 AM UTC

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Nomura Holdings Inc. now expects the Federal Reserve to lift interest rates by 75 basis points at both its June and July meetings, moves that would follow up on an expected 50 basis point hike in May.