CoinScoopBNY Mellon: Fed Expected to Hike Rates Again in December
BNY Mellon macro strategist John Velis expects the Federal Reserve to implement another rate hike in December. He noted that the 2027 outlook remains uncertain and depends on the effectiveness of current policy tightening and geopolitical developments in the Middle East.
Summaries are written by AI from the original article. Not investment advice.