Further tightening from the Federal Reserve could put more pressure on the U.S. economy next year, Peter Boockvar, chief market analyst at The Lindsey Group, said Wednesday.
“The Fed only has to move a little bit to have a broader ripple effect,” he told CNBC’s “Squawk Box.”
The central bank raised rates for the first time in nearly a decade on Dec. 16, an event that has already begun to weigh on the economy, Boockvar said.
