11 May 2015
A Fed’s rate hike in September remains on the table – TDS
FXStreet (Edinburgh) - Strategists at TD Securities see the likeliness of the Federal Reserve to start its hiking cycle in September.
Key Quotes
“We think that the rebound in US April jobs data keeps our central expectation of a September rate hike in play for the Fed”.
“If we are going to have a hike then, then we are rapidly approaching the point at which the Fed has to start telegraphing the fact”.
“Economic data over the next few months should help the Fed decide whether the economy has improved sufficiently from its early-year slump to justify a rate hike in September”.
Key Quotes
“We think that the rebound in US April jobs data keeps our central expectation of a September rate hike in play for the Fed”.
“If we are going to have a hike then, then we are rapidly approaching the point at which the Fed has to start telegraphing the fact”.
“Economic data over the next few months should help the Fed decide whether the economy has improved sufficiently from its early-year slump to justify a rate hike in September”.