Bank of America has warned that the Federal Reserve could raise interest rates by 50 basis points in December. The warning follows hotter-than-expected October inflation data, although the bank still expects a smaller 25-basis-point increase. Ad Ad Bank of America Sees Risk of 50 Basis Point Fed Rate Hike Bank of America economist Stephen Juneau
The post Fed December Rate Hike Could Reach 50 Basis Points, Bank of America Warns appeared first on CoinGape.
