Barclays: fed to raise rates in December and January

BARCLAYS EXPECTS US FED TO DELIVER A 25 BP RATE HIKE EACH IN DECEMBER AND JANUARY VS PRIOR FORECAST OF A HIKE IN DECEMBER THIS YEAR (SM Circulations)

Barclays Expects U.S. Fed To Deliver A 25 BP Rate Hike Each In December And January Vs Prior Forecast Of A Hike In December This Year

Barclays said on Friday it expects the US Federal Reserve to raise interest rates by 25 basis points each in December and January after stronger-than-expected inflation readings.The brokerage had previously expected the Fed to hike rates in December this year.