SocGen's Edwards: Fed will be forced into 'more pronounced' tightening than market expects

Rising wages and inflation

Laura Dew
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SocGen's Edwards: Fed will be forced into 'more pronounced' tightening than market expects

Société Générale's bearish analyst Albert Edwards has said Janet Yellen could be prompted to increase rates at a more "pronounced" pace than the market expects this year, driven by rising wage inflation.

Permabear Edwards (pictured) said chairman Yellen "at long last" had the "tightening bit between her teeth" in light of rising wage inflation and strong employment figures. Speaking in San Francisco...

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