Julius Baer Economist Expects Fed Rate Hike in December, No Further Hikes in 2027
Julius Baer chief economist David Kohl says solid job growth supports a further Fed rate increase at its Dec. 9 meeting, with no further hikes needed in 2027.
The U.S. Fed is likely to raise rates further at its upcoming policy meeting on Dec. 9, but it wouldn't need to implement further interest rates hikes in 2027, says Julius Baer chief economist David Kohl in a note. The solid job growth suggests the current policy rate still appears to be fairly acc…