The Traderszone Network

Published in TZ Latest News 31 August, 2015 by The TZ Newswire Staff

Economists split over whether Fed will hike in September

Whatever the decision, about half of economists will be wrong. Forty-eight percent of 54 economists surveyed Aug. 27-31 by Bloomberg News see a September increase in the benchmark lending rate, the first move up since 2006. The polarized views came after turbulence in global financial markets in the past week cast doubt on when the Federal Reserve would raise rates.