Fed May Need 4 or 5 Rate Hikes in Total , Economist Dutta Says

Four or five hikes is a lot of rate for an economy that was told the last one was the final one.

Neil Dutta, head of US economic research at Renaissance Macro Research, expects a change to the Federal Reserve’s inflation expectations in early 2027 and sees the need for a total of 4 or 5 interest-rate hikes from the central bank. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

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