The Traderszone Network

Published in TZ Latest News 24 August, 2015 by The TZ Newswire Staff

Fed credibility test looms as market doubts September rate rise

Futures traders are starting to bet the Federal Reserve will put off raising interest rates. Janet Yellen shouldn’t heed them, said Kay Van-Petersen, a strategist at Saxo Capital Markets. Contracts on the fed funds rate show traders cut the odds of a September increase by the Fed to 28 percent on Monday, from 54 percent on Aug. 7.