Fed Rate Hike in December Is Possible, Macquarie's Wizman Says

Thierry Wizman, global foreign exchange and rates strategist at Macquarie, said a Federal Reserve rate increase in December is possible. Wizman noted that December would coincide with a new Summary of Economic Projections release, which the Fed typically uses to announce policy changes. He stated, "December doesn't look like the wrong time to do it," according to Bloomberg.

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