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Fed Hike in March Gains Credence With JPMorgan, Citi Leaning In

  • Economists starting to agree with markets on March liftoff
  • U.S. jobless-rate plunge, FOMC minutes spurred shift
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Does the Fed Have Green Light for a Rate Hike?
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Expectations for the Federal Reserve to begin raising interest rates in March -- a fringe call just weeks ago -- are soaring in the wake of a slide in the U.S. unemployment rate and fresh signs that central bankers are eager to wind back record policy stimulus to confront historically high inflation.