Wall Street Turns Hawkish as Inflation and Oil Push Fed Toward Rate Hike

A growing number of major brokerages now expect the Federal Reserve to raise interest rates this week, marking a sharp reversal in expectations after stronger-than-expected U.S. inflation data raised doubts about whether price pressures are easing quickly enough without additional monetary tightening. Goldman Sachs, J.P. Morgan, HSBC and Deutsche Bank are among the firms forecasting […]

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