MUFG Revises U.S. Fed Rate Hike Forecast to Two Hikes After Core CPI Beats at 0.3% Today
According to Michael Wan, senior analyst at Mitsubishi UFJ Financial Group (MUFG), the U.S. core consumer price index (CPI) rose 0.3% month-on-month in August, exceeding the consensus estimate of 0.2%. This stronger-than-expected reading prompted MUFG to revise its forecast for Federal Reserve
MUFG-0.75%
GateNews·09-14 04:44
