Aggressive Rate Hike Bets Raise Stakes for Fed

The Federal Reserve is expected to increase interest rates today, marking the first hike since 2023. This decision follows a decline in policymaker confidence that inflation will decrease sufficiently without central bank intervention. While aggressive rate hike bets have raised the stakes for this move, stocks and bonds have risen in anticipation. Bloomberg News and Bloomberg Surveillance are monitoring the situation as investors and executives prepare for the impact of the Fed decision on markets.