INVESTORS SEE HIGHER FED RATE HIKES RISK A Bank of America survey shows growing expectations that the Federal Reserve may need to raise interest rates again. 14% of investors say conditions for a hike are already met, while 38% believe the Fed would tighten policy if core inflation rises to 3.5–4%, regardless of labor market strength. Overall, more than half of respondents see rate hikes as likely under certain inflation scenarios, reflecting renewed concern about persistent price pressures.(*Walter Bloomberg)