WALL STREET WARNS FED COULD HIKE RATES IN BOTH DECEMBER AND JANUARY
Northlight Asset Management says October's hotter-than-expected CPI report raises the prospect of back-to-back Fed rate hikes.
CIO Chris Zaccarelli expects a 25-basis-point increase in December, with a larger 50bps move also under discussion.
A second 25bps hike in January, previously considered unlikely, is now a possibility.
A more aggressive Fed tightening cycle could become a major headwind for stocks in 2027.
Source: Northlight Asset Management
#HotCPIDecemberHikePriced
Northlight Asset Management says October's hotter-than-expected CPI report raises the prospect of back-to-back Fed rate hikes.
CIO Chris Zaccarelli expects a 25-basis-point increase in December, with a larger 50bps move also under discussion.
A second 25bps hike in January, previously considered unlikely, is now a possibility.
A more aggressive Fed tightening cycle could become a major headwind for stocks in 2027.
Source: Northlight Asset Management
#HotCPIDecemberHikePriced