US Economy Probably Needs Three Fed Rate Hikes, BNPโs Mateos y Lago Says
Isabelle Mateos y Lago, chief economist at BNP Paribas, discusses the weight of Fridayโs US CPI report on the upcoming Federal Reserve interest-rate decision. She says her firm believes โmonetary policy is not restrictive enoughโ and that the US economy โprobablyโ needs three rate hikes, starting next week. (Source: Bloomberg)