[Jefferies: Fed Expected to Raise Rates This Week, Waller's Comments Are Key] BlockBeats News, September 14 — Jefferies global economist Mohit Kumar stated in a report that the Federal Reserve is expected to raise interest rates this week, and Waller's comments will be crucial. He said: 'We anticipate the Fed will raise rates, but Waller's remarks on the future policy direction will be key.' Regarding further rate hikes, Jefferies believes the Fed's actual actions will fall short of the forward market's expectation of 3.5 rate hikes. Kumar said: 'From a credibility standpoint, the first rate hike may be necessary, but subsequent hikes will depend on how long the war lasts and the trajectory of oil prices.'