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Wells Fargo Raises Inflation Forecast and Expects Fed to Hold Rates Through 2026
By Trader Edge at 2026-10-03 00:53
Sentiment: Positive
TLDR Wells Fargo has revised its inflation and interest rate forecasts upward for 2026 and 2027 The bank now expects the Federal Reserve to hold rates at 3.50%-3.75% through year-end 2026 Higher energy costs, tariffs, and supply-chain issues are driving the inflation outlook Chief economist Tom Porcelli says supply-driven inflation cannot be fixed by raising [...] The post Wells Fargo Raises Inflation Forecast and Expects Fed to Hold Rates Through 2026 appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central