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Wells Fargo Predicts 25 Basis Point Fed Rate Hike This Year

Key takeaways

  • Wells Fargo anticipates a 25 basis point rate hike from the US Fed this year, citing ongoing inflation pressures that may affect borrowing costs and growth.

Analysis

Wells Fargo anticipates a 25 basis point rate hike from the US Fed this year, citing ongoing inflation pressures that may affect borrowing costs and growth.

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