The Traderszone Network

Published in TZ Latest News 7 August, 2015 by The TZ Newswire Staff

Wall Street now thinks Fed hike in September will be 2015’s only move: Reuters poll

Top Wall Street banks still expect the Federal Reserve to raise interest rates in September, but a growing number now believe the central bank is likely to only hike once this year, a Reuters poll found on Friday. Thirteen of 19 primary dealers, or the banks that deal directly with the Fed, polled said they expect the Fed to raise rates by September but just nine now believe the Fed will hike rates twice in 2015, compared with 15 of 20 in the July Reuters poll. The median expectation for where the federal funds rate will end the year was 0.5 percent and 1.5 percent for 2016.