Author Topic: Fed: Rate hike to come in December – NAB  (Read 210 times)

Offline Awesome08

  • Companion of Honour
  • ***
  • Posts: 762
Fed: Rate hike to come in December – NAB
« on: September 11, 2015, 01:14:42 PM »
FXStreet (Delhi) – Tony Kelly, Senior Economist at NAB, expects that the US Fed is likely to hike the interest rates in December this year as inflation is running still low which rules out the possibility of rate hike in the next week’s policy meeting.

Key Quotes

“The Fed is still likely to start lifting rates this year, but we now expect this to be in December rather than September.”

“The US economy is expected to continue growing at an above trend rate. We now expect growth in both 2015 and 2016 to be 2.5% (previously 2.3% and 2.6% respectively).”

“The unemployment rate continues to fall, but inflation remains low.”

Guys how far will you take the risk? You might win big if its true  8) 8) 8)