16 of 20 major Wall Street banks expect Fed rate hike this month
AI Summary
Major Wall Street banks expect the Fed to raise interest rates this month.
16 of 20 major Wall Street banks support the rate-hike view.
The forecast concerns the Fed’s upcoming monthly interest-rate decision.
Sixteen of 20 major Wall Street banks now expect the Federal Reserve to raise interest rates this month, indicating a majority view that monetary policy will tighten in the upcoming decision.
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