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Bank of America are forecasting 7 Federal Reserve rate hikes this year

Started by forex4you, Feb 08, 2022, 09:27 am

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Feb 08, 2022, 09:27 am
Bank of America are forecasting 7 Federal Reserve rate hikes this year

BoA economics citing rapidly rising wages as a key factor in their projection of seven interest rate rises to come in 2022:

    7*0.25% increases in 2022
    4*0.25% to follow in 2023


On the indicators of rising wages:

    If I'm the Fed, I'm getting more nervous that it's not just a few outlier

Source: Bank of America are forecasting 7 Federal Reserve rate hikes this year

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