Fed Rate Hike Odds Jump: Why Kevin Warsh’s ‘Work To Do’ Comment Has Barclays Reportedly Calling For Two More Hikes
Barclays forecasts a 25-basis-point increase in September followed by another hike in December. Barclays had previously expected the Fed to leave rates unchanged through the rest of 2026. The probability of a 25-basis-point rate hike in September climbed to 61.9% from 41.4% last week, according to the CME FedWatch tool. Bank of America said rising … Read more