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AdvertisementExperts maintain that any hikes this year are unlikely, but say it's notable how they have creeped back into the policy conversation once again.
"You can't say zero probability for something to break in the event of another rate hike," Jason Draho, head of asset allocation in the Americas for UBS Global Wealth Management, told Business Insider.
"That last mile [of inflation] will be harder to obtain," Anthony Saglimbene, Ameriprise Financial's chief market strategist, told Business Insider.
"The Fed's erring on the side of hawkishness," Hunter told Business Insider.
Persons:
—, Larry Summers, Summers, Jason Draho, you'd, Goldman Sachs, Anthony Saglimbene, Ameriprise, Paul Mielczarski, Mielczarski, Ameriprise's Saglimbene, Andrew Hunter, Hunter
Organizations:
Service, Federal, Business, PPI, Fed, Former, Bloomberg, Traders, UBS Global Wealth Management, Capital Economics
Locations:
Americas, OER, Brandywine, hawkishness