Market Extra: Doubling down? Strategist who revels in challenging the consensus sticks by her call for 8% fed-funds rate

Dominique Dwor-Frecaut, a former associate with the New York Fed and outlier from the rest of the financial-market pack, is standing by a bold call she made a year ago: She says the Federal Reserve needs to hike its benchmark interest rate to 8% from the current level of 4.5%-4.75% to stabilize…

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