Economics

Four Fed Hikes May Be Just the Start as Traders Boost Rate Bets

  • Options trades suggest bets on eight increases by early 2024
  • Bond market now set to focus on Fed testimony, inflation data
WATCH: Goldman Sachs says the Federal Reserve is likely to raise interest rates four times this year. Dani Burger reports.Source: Bloomberg
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

The drumbeat for the Federal Reserve to implement four quarter-point interest-rate hikes this year is growing -- and with the speed that markets have been moving, there’s a possibility that traders may soon look to protect themselves against the risk of even faster tightening.