Experts Split on Fed July Rate Decision
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- CBS News, Business Insider, and USA Today are all covering expert predictions for the Fed's July interest rate decision, highlighting the uncertainty around the outcome.
- Business Insider cites a chief economist who thinks a surprise rate hike is possible at next week's Fed meeting, while USA Today calls the Fed chair an 'enigma' with the July move hard to predict.
Why it matters: The Fed's July meeting is next week, and the split among experts — including one floating a surprise hike — means borrowers and investors face a wider range of possible outcomes than a consensus hold would suggest.
