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Add as a preferred source on GoogleEd Yardeni Sees a 50-Basis-Point Fed Rate Hike as More Likely in December
The projected increase would equal half a percentage point.
Ed Yardeni, president of Yardeni Research, sees a 50-basis-point increase in interest rates in December as increasingly likely.
The forecast describes a half-percentage-point move. One basis point is one-hundredth of a percentage point.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.