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Principal's Seema Shah Expects Another Fed Rate Hike This Year

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsInflationElections & Domestic PoliticsInvestor Sentiment & Positioning

Principal Global Investors strategist Seema Shah said markets may be pricing in one additional rate hike this year, though October is likely to bring a policy hold. She cited the timing of midterm elections and the risk that inflation data could worsen sharply, leaving the near-term rate outlook uncertain.

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