BNP Paribas warns inflation threat could trigger three Fed hikes
BNP Paribas has forecast three Federal Reserve rate hikes beginning in December, citing stronger-than-expected U.S. employment data and rising inflation pressures that the bank links in part to the ongoing U.S.-Iran conflict. Summary BNP Paribas expects the Fed to deliver three rate hikes starting in December as inflation risks rise. Strong U.S. jobs data boosted…
