Reuters poll: 56 of 101 economists see December hike ending Fed’s tightening cycle

Cointime reports: A Reuters poll of 101 economists found 56, about 55%, expect a December rate hike to mark the end of the Federal Reserve’s tightening cycle, roughly unchanged from last month. The remaining 45, including more than half of primary dealers, expect at least two more hikes, matching market pricing. Wells Fargo chief economist Tom Porcelli said the Fed’s decisions hinge on upcoming inflation data that will prompt another hike.