Economist Says Markets Overstate Fed Rate-Hike Risks
Daiichi Life Research Institute economist Seiji Katsurahata says expectations for a 50-basis-point Fed rate hike in December are overdone after stronger-than-expected U.S. inflation data.
0505 GMT - Stronger-than-expected U.S. inflation data sparked speculation about a 50-basis-point Federal Reserve interest-rate hike in December. But Daiichi Life Research Institute economist Seiji Katsurahata calls such expectations overdone. U.S.
yields face upward pressure in the near term, drivi…