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Economists see a Fed rate hike in December – Reuters Poll

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The latest poll conducted by Reuters showed 70% of economists see a rate hike happening in December.

    Midpoint Fed funds rate target is still seen at 0.375% by the end of Dec, while the US growth forecast is seen unchanged at 2.7% for Q4 and 2.6% for 2016.

    Meanwhile, the latest data from the CME Fed funds futures indicate 68% probability of a December rate hike as opposed to 72% seen on Friday after the NFP release.
    For more information, read our latest forex news.
     

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