Wall Street retreats as rate hike concerns persist | Economic Times

Wall Street retreats as rate hike concerns persist https://ift.tt/l7yPYT4 market traders are pricing in a 72.5% chance of a 75-basis-point interest rate hike at the Fed's September meeting, which would be the third straight hike of that magnitude. They expect the Fed funds rate to end the year at about 3.7%.