And ofcourse they are going to hike!! surprise
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Traders keep bets against further Fed rate hikesU.S. short-term interest-rate futures rose slightly on Wednesday just after minu... Well since I read the minutes of the last federal reserve meeting, thats a bad call, especially when it says in the minutes, they will do two hikes if the Sp500 goes past 2600, and 4 hikes if it goes up to 2800.... hence, the lower the value goes... less likely a hike will occur.
Source: Reuters - 🏆 2. / 97 Read more »
Goldman Sachs chief economist bucks the market and still expects one Fed rate hike in 2019Goldman Sachs' Jan Hatzius is expecting the Fed to hike interest rates at least once this year, despite the prevailing market view for zero or even a rate cut. The FED is trying to fool the market for Trump, and it's working
Source: CNBC - 🏆 12. / 72 Read more »