Fed will not raise rates by 50 basis points, says Goldman Sachs' Robin Brooks
FROM THE WIRE · SEEKINGALPHA.COM
The Federal Reserve will not raise interest rates by 50 basis points at its Dec. 9 meeting despite a hotter-than-expected inflation report, said Robin J. Brooks, former chief economist at the IIF.
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- 01Robin Brooks says the Fed will not raise rates by 50 basis points at its Dec. 9 meeting.
- 02The view comes despite a hotter-than-expected inflation report.
- 03Brooks is identified as former chief economist at the IIF.