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Three, Four, Five, Six or Seven Fed Hikes? Wall Street Is Split

  • Goldman, JPMorgan see five hikes in 2022; BofA predicts seven
  • Powell has signaled March increase, opened door for more
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Fed’s Bostic Sees Half-Point March Hike as an Option
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Wall Street’s biggest banks are at odds over how fast and far the Federal Reserve will raise interest rates after Chair Jerome Powell signaled it could be more aggressive than previously anticipated in tackling the strongest inflation in four decades.