Reuters: Brian Vendig Says Fed Rate Hike of 0.75% is a Possibility

Brian Vendig, president of MJP Wealth Advisors, said that contrary to what Federal Reserve Chair Jerome Powell told reporters after last week's policy meeting, he still believes a 75-basis point interest-rate hike is on the table, citing intensifying pandemic-related lockdowns in China as a reason for why the Fed might need to be more aggressive. Watch here.