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SocGen revises its Fed call,Joshua Roberts/Reuters Societe Generale has cut its expectations for the Federal Reserve. Societe Generale Global Head of Economics Michala Marcussen said in a note Friday that the Fed will only get in one additional rate hike in this year. "We now expect only one hike at the end of this year," wrote Marcussen. "The Fed may try to hike earlier if market volatility subsides, however as the taper and lift-off have taught us, repricing of market expectations is likely to be challenging and it will probably take longer than the Fed would like." The Fed raised rates for the first time in 9 years back in December. Marcussen emphasized...
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