Macquarie moves Fed rate-hike call to this month
Macquarie Group now expects a Federal Reserve interest-rate hike this month rather than December, citing stronger-than-expected labor data and hawkish inflation remarks from Chair David Doyle said.
Macquarie Group has brought forward its forecast for a Federal Reserve interest-rate hike, now seeing a move this month rather than in December, according to David Doyle, its head of economics. Doyle said the expectation follows stronger-than-expected labor market data and hawkish remarks on inflation from Chairm…