Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Wall Street firms waver over June 2015 rate hike: Reuters poll

February 6, 2015 8:58 PM
12 0
Wall Street firms waver over June 2015 rate hike: Reuters poll

NEW YORK (Reuters) - Economists at Wall Street's biggest banks are less convinced than a month ago that Federal Reserve rate hikes will begin as soon as June, even as recent U.S. job growth is at its strongest in 18 years, a Reuters poll found on Friday.

Ten of 19 primary dealers, or the banks that deal directly with the Fed, said they expect the Fed to raise rates by June, compared to 13 of 20 who predicted the hike in a Jan. 9 poll. All but two expect at least two rate increases in 2015.

Read more

Share in social networks:

Comments - 0