Investors believe the Fed will hike interest rates again

The possibility of a US recession is diminishing, and the Federal Reserve is on track to hike interest rates twice a year for the foreseeable future that’s according to Bank of America Merrill Lynch’s most recent US Credit Investor Survey. Charles Biderman: Negative interest rates are a total disaster Bank of America’s credit survey gives an interesting insight into the world of the bank’s credit clients. The report can also be used as a broad indicator of credit investor sentiment, and therefore an indicator of US business sentiment. Investors believe the Fed will hike interest rates again Following the wave…