Market talk: Fed seen hiking three times through March
Societe Generale’s Jan Groen says the Fed may start a hiking cycle that could extend into next year. He expects upcoming inflation data to be hot enough to prompt quarter-point rate increases.
The Fed may be about to start a hiking cycle that could extend into next year, Societe Generale's Jan Groen writes.
Following Chairman Warsh's tough talk on inflation last week, Groen believes upcoming inflation data will be hot enough to drive the Fed to raise rates by a quarter of a percent this…