MUFG Says Fed Could Raise Rates 50 Basis Points if Jobs and Oil Rise
MUFG Bank's Derek Halpenny says the Fed could raise rates by 50 basis points at its next meeting if December jobs data are stronger than expected and oil prices rise. MUFG does not expect such a significant increase.
The Federal Reserve could increase interest rates at an aggressive pace of 50 basis points at the next policy meeting if U.S. jobs data due in December come in stronger than expected and if oil prices rise, MUFG Bank's Derek Halpenny says in a note. However, MUFG does not expect such a significant…