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Faster than the economy can handle. so we're definitely not out of the woods regardless of what the argument is about last quarter. >> so, half-point increase, three-quarters, another three-quarter point increase. do you think a recession after what was decided by the fed yesterday is even more probable than it was earlier in the week? >> probably? i mean, in a way, this was known. everyone expected they were going to raise the rates this much, so earlier in the week it might not have changed those odds. but that they raised three-quarters of a percent at the last meeting is already dramatic. ...

ORGANIZATION OF INFORMATION This Management's Discussion and Analysis of Results of Operations and Financial Condition of FedEx Corporation is composed of three major sections: Results of... | July 18, 2022

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Second half of this year and into next. >> i want to ask you about the federal reserve. the expectation is they're going to meet again in march. there's going to be a hike. how much so do you believe -- and, again, i know this is all hard to predict, but we trust you and your expertise on this. how much of a hike do you expect there will be on interest rates specifically in march and then throughout the rest of the year of 2022? >> we're assuming a 25-basis point increase at the march meeting. the fed usually likes to start looking at it gradually, but this is unlike any tightening cycle we've...

Marsh& McLennan Companies, Inc. and its consolidated subsidiaries is a global professional services firm offering clients advice in the areas of risk, strategy and people. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and identify and capitalize on emerging opportunities.