JPMorgan Economists Now See Fed Hiking 75 Basis Points This Week
This article is for subscribers only.
JPMorgan Chase & Co. economists said they expect the Federal Reserve to raise interest rates by 75 basis points at their meeting on Wednesday after a survey showed Americans’ inflation expectations rising.
An increase of 100 basis points is also “a non-trivial risk,” chief US economist Michael Feroli said in a note Monday.