Fed Rate Hike in December Is Possible, Macquarie's Wizman Says
Thierry Wizman, global FX and rates strategist at Macquarie, discusses the outlook for the US economy, inflation and the possibility of a Federal Reserve interest-rate hike this year. "December doesn't look like the wrong time to do it," Wizman says. "You'll have a new Summary of Economic Projections, and the Fed likes to make bold moves, or changes of direction of policy, in accordance with the release of the dots and the SEP." (Source: Bloomberg)