Published Aug 28, 2026, 4:42 PM ET · Updated 3 months ago · 1 source

High probability of a Fed rate hike by year-end, but firm is adopting a wait-and-see approach

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Original Report

There is a 60% probability of a rate hike in September and an even higher probability before year-end, but despite this, the firm is currently adopting a wait-and-see approach and not making immediate changes to client portfolios.