Three more interest rate hikes could come this year, top banks say

Three more interest rate hikes could come this year, top banks say

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Goldman Sachs and Bank of America said they expect the U.S. Federal Reserve to raise interest rates three more times this year, lifting their estimates after data pointed to persistent inflation and a resilient labor market. Producer prices accelerated in January by the biggest margin in seven…

#goldmansachs #bankofamerica #usfederalreserve #labordepartment #janhatzius #bofaglobalresearch #bofa #ubs #jpmorgan

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