CITIC Securities projects a 25‑basis‑point Fed hike in December
By United One News · AI-generated summary of 2 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
CITIC Securities forecasts a 25‑basis‑point rate increase by the Federal Reserve in December, with the cycle’s peak near current levels.
- The brokerage expects the December hike to be the last significant move before rates plateau.
- It sees the terminal rate staying close to the current 3.75%‑4% range.
- Oil prices remain high due to unresolved US‑Iran tensions, supporting inflation pressures.
- Improved dollar liquidity would require a new catalyst, according to CITIC.
Covered by 2 outlets across the spectrum: 0% left, 100% center, 0% right.
How each side framed it
The view from China: CITIC Securities still sees a 25bp Fed hike in December
Timeline
First to report: Forexlive (); 2 articles from 2 outlets so far.
Who is covering this story
- Center (2): Forexlive, Hindustan Times