Fed to Lift Rates in 2016 More Than Markets Price In, Posen Says

  • Investors under-price the number of U.S. rate rises: Posen
  • Weak productivity may boost case for tighter monetary policy

The Federal Reserve will raise interest rates more this year than investors currently are pricing in, according to Peterson Institute for International Economics President Adam Posen, a former Bank of England policy maker.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.