CapEcon: The Fed Should Hike Interest Rates In SeptemberRupert Hargreaves
Get ready for a September rate hike; that seems to be the takeaway from Capital Economics’ 20 July Fed Watch research note.
The report, penned by Capital Economics’ analyst Paul Ashworth, presents a view that runs contrary to the consensus, although the observation is based on improving economic data, a pickup in activity and employment both of which show that the US’s economic recovery has regained momentum.
October fed funds futures imply an 18% chance of a . . .
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