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Fortune

There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says

Fortune
Summary
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84% Informative

Apollo Global Management chief economist Torsten Sløk says the Fed may have to resort to rate hikes in 2025 .

The economy is so strong that the Commerce Department revised third-quarter growth higher this past week .

President-elect Donald Trump campaigned on tax cuts, higher tariffs, and an immigration crackdown, which are widely regarded as adding to inflationary pressures.

Others on Wall Street are seeing more hawkishness from the Fed next year .

VR Score

90

Informative language

92

Neutral language

32

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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