Do Not Expect Too Many Rate Hikes: CreditSights 2016 OutlookMani
Hamstrung with slow growth, a failure of inflation to touch 2% as fast as current projections, a CreditSights analyst predicts fewer than expected rates hikes by the Federal Reserve in 2016. Yogesh Chandarana of CreditSights notes in his Jan. 15 report titled: “2016 Outlook: Rates Up From Here But Not By Much” that historically the Fed has sought to maintain an independent, nonpartisan stance in a presidential election year, and hence, there is no “prohibition” on interest . . .
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