Investors Solidify Views on a Slow-Go Fed

June 15, 2016 6:18 PM

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Investors Solidify Views on a Slow-Go Fed

Federal Reserve officials in aggregate still expect to raise rates twice this year, but more officials than before see just one increase.

That’s the takeaway from the central bank’s economic dot plot of interest-rate projections, which it updates once every three months. It’s pushing traders to believe in an even more dovish Fed.

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

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