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WSJ survey: Nearly every major Wall Street bank expects Fed rate hike in September

  • Major Wall Street banks expect the Federal Reserve to raise rates in September.
  • Nearly every major bank reached that expectation, according to a Wall Street Journal survey.
  • The survey covers expectations for September and does not report an increase has occurred.

Nearly every major Wall Street bank expects the Federal Reserve (U.S. central bank) to raise interest rates in September, according to a Wall Street Journal survey. The result reflects broad expectations among major financial institutions for a September rate increase, though the survey does not specify the size of any potential move.

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WSJ survey: Nearly every major Wall Street bank expects Fed rate hike in September - CoinPost Terminal