Two of Fed's most aggressive rate hikers back 75 bp hike this month and see soft landing rather than recession in economy

Two of the Federal Reserve's most hawkish policymakers backed raising interest rates another 75 basis points this month to curb inflation, while downplaying fears that the U.S. economy was headed for a recession. Governor Christopher Waller and James Bullard, president of the St. Both are voting members of this year's Federal Open Market Committee.