Jim Cramer Expects 2 Fed Hikes This Year (and Wouldn't Mind Gary Cohn as Fed Chief)

Cohn is former No. 2 executive at Goldman Sachs.

Author:: TheStreet Staff
Publish date:: Jul 13, 2017 1:51 PM EDT

Jim Cramer thinks the Federal Reserve will go ahead with two rate hikes over the balance of 2017, and he's pleased by reports that former Goldman Sachs (GS) - Get Report bigwig Gary Cohn might replace Janet Yellen as the Fed's chief.

"I think the data will dictate two hikes, and I actually hope that the chatter about Gary Cohn [being] made the head of the Fed happens," Cramer said during an exclusive monthly call for members of his Action Alerts Plus club for investors.

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This article was written by a staff member of TheStreet.