'Markets are going to get rocked' as Fed is likely to push rates higher, economist warns

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'Markets are going to get rocked' as Fed is likely to push rates higher, economist warns
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Markets are going to get rocked as the Federal Reserve pushes interest rates higher, said top Fed watcher Ricardo Reis.

The Federal Reserve is likely to raise interest rates more than the markets now expect, said Ricardo Reis, an economist at the London School of Economics.

“All the risks are on the upside. A rate of... The Federal Reserve is likely to raise interest rates more than the markets now expect, said Ricardo Reis, an economist at the London School of Economics.

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