Bank of America Securities' Aditya Bhave reaffirms Fed rate hike call

Meanwhile, new inflation data out today. Consumer prices in July rising a tenth of a percent to an annual rate of 3.4%. The report coming in line with Wall Street estimates.BFA securities sticking with its three rate hike forecasts following the print in a note to clients, but it comes with a caveat. Aditia Bave is behind the call. He is the firm's head of US economics.Uh DT, great to have you with us. So, still you're calling for three. Nothing has changed.>> Why. >> Sure. So, the way we think about the Fe ...

Bank of America Securities' Aditya Bhave reaffirms Fed rate hike call - Reportify