Technical Analysis

Timiraos: Fed ‘barreling toward’ a 75 bps hike in November


WSJ Fedwatcher Nick Timiraos is out with his latest and says:

“Federal Reserve officials are barreling toward another interest-rate rise of 0.75 percentage points” and whether to signal a smaller hike in December.

He highlights a divide in the Fed with some wanting to slow the pace of hikes and others worried that inflation isn’t falling.

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