Fed Rate Hike to Be One and Done, Says Citi’s Hollenhorst

“It’s hard to make a strong case for a rate hike in this environment,” says Andrew Hollenhorst, chief US economist at Citi. "I just don't see the momentum in the...

By Bloomberg Markets · Bloomberg Markets

“It’s hard to make a strong case for a rate hike in this environment,” says Andrew Hollenhorst, chief US economist at Citi. "I just don't see the momentum in the data for further hikes here," he adds. (Source: Bloomberg)