Fed to hike rates once more in December before inflation eases, says Natixis

According to Natixis economists, the Federal Reserve is expected to implement one final rate hike in December before inflationary pressures ease due to falling oil prices, reduced tariff impacts, and slowing economic growth. The recent Federal Open Market Committee vote showed a 10-2 split, with dissent from Lisa Cook, marking her first since 2022, while previous hawkish members did not dissent this time. This outlook follows the Fed's recent decision to hold rates steady.

Originally published by gnews