OCBC Warned Sept. 11 That Fed Could Hike Rates

OCBC Warned Sept. 11 That Fed Could Hike Rates

OCBC said Sept. 11 the Federal Reserve could raise interest rates the following week, which would lift borrowing costs for households and businesses. That's the bank's call, not a Fed decision, according to its Daily Market Outlook. I'm skeptical of week-ahead rate calls until the vote lands.

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