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A ‘blue wave’ in U.S. elections could bring forward Fed rate hikes, says Morgan Stanley

A ‘blue wave’ in U.S. elections could bring forward Fed rate hikes, says Morgan Stanley

Posted By: Editorial Teamon: October 21, 2020In: DIPLOMACY, NEWS, POLITICSNo Comments

The Federal Reserve Board of Governors seal. Brendan Smialowski | AFP | Getty Images A Democratic sweep in the coming U.S. elections will likely unleash more fiscal stimulus, but it could also cause the Federal Reserve to hike interest rates earlier than expected, said a Morgan Stanley portfolio manager. The first rate hike by the Fed could […] Read more

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