Goldman sees 35 pct chance on U.S. rate hike in June | Reuters

NEW YORK Goldman Sachs economists said on Monday they estimated a 35 percent chance the Federal Reserve would raise its target on the federal funds rate at its June 14-15 policy meeting. They placed a 35 percent probability of a rate hike at the July 26-27 meeting and a 20 percent probability for one at the Sept

Reuters May 24, 2016 01:15:08 IST
Goldman sees 35 pct chance on U.S. rate hike in June 
| Reuters

Goldman sees 35 pct chance on US rate hike in June 
 Reuters

NEW YORK Goldman Sachs economists said on Monday they estimated a 35 percent chance the Federal Reserve would raise its target on the federal funds rate at its June 14-15 policy meeting.

They placed a 35 percent probability of a rate hike at the July 26-27 meeting and a 20 percent probability for one at the Sept. 20-21 meeting, they wrote in a research note.


(Reporting by Richard Leong; Editing by Meredith Mazzilli)

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