Economists worry the Fed could go overboard with rate hikes after hot CPI
FROM THE WIRE · BUSINESSINSIDER.COM
Economist Neil Dutta says "overtightening is the dominant risk going into 2027." Several Fed members struck a hawkish tone after October CPI data.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishRisk of overtightening by the Fed can weigh on equities and bonds and shift expectations for future rate paths.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Economist Neil Dutta says overtightening is the dominant risk going into 2027.
- 02Several Fed members struck a hawkish tone after October CPI data.
- 03The October CPI data was described as hot.