'Very high' odds of December Fed rate hike appropriate -Rosengren

'Very high' odds of December Fed rate hike appropriate -Rosengren
 

A top Federal Reserve official on Friday endorsed the "very high" odds that financial markets have priced in for a U.S. interest rate hike in December.
"The market seems to think that there's a very high probability of (hiking in) December. We'll see how the economic data actually comes in, but I think that is priced appropriately," Boston Fed President Eric Rosengren said on CNBC.
Futures traders give about a 60 percent chance of a rate rise in mid- December, and only an 8 percent chance for a move in early November.
Rosengren, a usually dovish official who nonetheless... read more

 
14 October 2016 in Business, Views: 39
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31