Rate Hike Rumors: A Fed Folly or Prudent Policy?
Macquarie's Thierry Wizman believes a Federal Reserve rate hike is possible as soon as December, sparking debate about whether this would be a bold move by the central bank or an exercise in fiscal futility.
Wizman bases his assertion on the upcoming release of the Summary of Economic Projections (SEP), which provides insight into the Fed's outlook on inflation and growth.