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Bank of America expects three hikes, Larry Kudlow notes

Bank of America expects three hikes, Larry Kudlow notes
Bank of America rate hike forecast doubted

Larry Kudlow shares commentary on Bank of America forecasting three rate hikes this year. He highlights Mohamed El-Erian's view that the recent reversal of energy price shocks suggests there is no justification for the Federal Reserve to hike rates, let alone raise rates three times.

Kudlow has previously said that under President Donald Trump, the U.S. economy was gaining momentum and that recession concerns were overstated. In a separate report, Kudlow covered Brian Hook’s assessment that Iran’s economic conditions have deteriorated significantly. These observations form part of his regular commentary on global economic developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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