(Kitco News) – The Federal Reserve may be leaning more hawkish than recent Fedspeak seemed to suggest, and yesterday’s rate hike could be followed by another before the year is out, according to Natixis.In their latest note, economists Christopher Hodge and Selin Aker characterized yesterday’s decision by the FOMC to raise rates for the first time since 2023 as “the path of least resistance.”

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