Reuters Poll: Most primary dealers see only 2 hikes in 2017
Following Wednesday’s Fed’s rate hike and hawkish guidance, Reuters conducted a latest poll of primary dealers, taking their view on Fed rate hike prospects next year.
Key findings from the survey:
Most US primary dealers see no more than two federal reserve rate hikes in 2017
Primary dealers see next fed rate hike in 2nd qtr 2017
Median view of 18 primary dealers is for year-end 2017 fed funds rate midpoint of 1.13 pct
Median view of 16 primary dealers is for year-end 2018 fed funds rate midpoint of 1.76 pct
Primary dealers see about 45 pct chance of faster-than-expected pace of rate hikes
12 primary dealers see trump's economic plans boosting or significantly boosting business investment; three see little or no impact
Nine primary dealers see trade policy as greatest risk to outlook; five see fiscal policy and two see dollar strength as biggest risks