AllianceBernstein: Five Reasons Why the Fed May Hike Rates More Than Markets Expect
Pimco's Kiesel Says 'Rates Are Headed Higher'
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Investors who don’t see much in the way of Fed interest rate increases this year may be in for a surprise, according to AllianceBernstein LP. Futures pricing suggests the markets anticipate two small rises, says analyst Eric Winograd, but he expects there will be more.
“Several economic and policy factors are converging that could pave the way for four 25-basis-point hikes in 2018,” he wrote in a recent blog post. Winograd gave five reasons to back up his view: