Revising its earlier expectation of three rate hikes from the Federal Reserve in 2018, Pictet Wealth Management is now calling four, amid what the bank says is healthier employment data in the US indicating more room for policy tightening. The Swiss bank’s revised forecast came after the release of the US’s latest employment report, which showed the country’s payroll has expanded…
US’s solid wage growth to lead to more hawkish stance in 2018
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