Fed rate hike of 0.75% in June 'is on the table' -adviser

STORY: Powell said that the U.S. central bank looks at broad measures of financial conditions to gauge how they are tightening, including equity, debt and credit spreads, and all but took a 75-basis point hike off the table for at least the next couple of FOMC meetings.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting