ING revises outlook: Fed and ECB seen hiking once more
ING now expects both the Federal Reserve and the ECB to hike interest rates once more before the end of the year, reversing its prior forecast for a holding path.
ING now expects both the Federal Reserve and the European Central Bank to raise interest rates once more before year-end, reversing its earlier view that rates would be held. "Wednesday's Fed meeting and last week's ECB meeting have shown us that both central banks are not likely to follow the v…"