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Traders Defy Fed Hawks as Half-Point Hike in July in Doubt

(Bloomberg) — Half-point rate hikes by the Federal Reserve at each of its next two policy meetings are no longer a sure thing for traders, even as policy makers reiterated an aggressive tightening stance. Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later This YearBiden Demands US ‘Stand Up’ to Gun Makers After Texas AttackWhy So Few Big Rats Have Fled Putin’s ShipStocks Climb in Volatile Session After Fed Minutes: Markets WrapPlot to Kill George W. Bush in Revenge for

Alibaba stock rises as earnings top expectations despite COVID-19 impacts

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