After the worse-than-expected inflation report, Bank of America told client there’s now “some probability” of a 75-basis-point hike in July—greater than the half-point hike officials were considering last month.

After the worse-than-expected inflation report, Bank of America told client there’s now “some probability” of a 75-basis-point hike in July—greater than the half-point hike officials were considering last month.