If Fed Hikes in December, What’s Next for 2017?

“(The Federal Reserve is) going to hike in December, we believe, but they’re going to wait a while after that to do the next hike,” said Point72’s Chief Economist, Dean Maki.  “We are likely to see the inflation rate moving up, in my view and the unemployment rate falling further.” Maki spoke from Point72’s trade floor with Bloomberg Go anchor Alix Steel about economic data and a looming Federal Reserve rate hike in 2017.”

Watch the full segment here.