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)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

also read

Google fined $592 million in dispute with French publishers, tech giant 'very disappointed' by decision
News & Analysis

Google fined $592 million in dispute with French publishers, tech giant 'very disappointed' by decision

Google says it is negotiating in good faith toward a solution, and on the verge of reaching an agreement with some publishers.

All you need to know about Soorarai Pottru as 2 Entertainment, Abunduntia announce Hindi remake of Suriya's Tamil drama
Entertainment

All you need to know about Soorarai Pottru as 2 Entertainment, Abunduntia announce Hindi remake of Suriya's Tamil drama

Soorarai Pottru, originally written and directed by Sudha Kongara, is inspired by the life of Captain GR Gopinath, a retired Army captain, who founded the low-cost airline Air Deccan.

Peter Handscomb misses County game for Leicestershire after testing positive for COVID-19
First Cricket News

Peter Handscomb misses County game for Leicestershire after testing positive for COVID-19

The 30-year-old, who has been captaining Middlesex this season, couldn't play their Championship Group Two game on Sunday after being forced into isolation following a positive test result.