Walter BloombergFinance

MARKETS STILL EXPECT FED HIKE Inflation expectations have eased to near the Fed's 2% target, helped by falling oil prices. Even so, markets…

MARKETS STILL EXPECT FED HIKE Inflation expectations have eased to near the Fed's 2% target, helped by falling oil prices. Even so, markets continue to price in at least one Fed rate hike this year, with rates expected to stay elevated into 2027. Citi argues those expectations look increasingly out of sync with the latest economic data.
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