Goldman, BofA Now Predict 75 Basis-Point ECB Hike Next Week

Some of Wall Street’s biggest banks boosted their forecasts for European Central Bank interest rates, saying faster-than-expected inflation will convince officials to react with even more aggression.  Economists at Goldman Sachs Group Inc., Bank of America and JPMorgan Chase & Co. now predict a 75 basis-point increase at next week’s meeting...