Tuesday, 8 September 2015

US GDP, jobs data make case for a rate hike

The US Federal Reserve has an interesting problem ahead - on the one hand the second quarter GDP number and the unemployment number gives it the ammunition to hike rates in September, on the other hand the inflation expectation recently turned down, says Robert Parker of Credit Suisse. So much so that the headline inflation is close to zero. However, he expects the Fed to raise rates as it tends to look at domestic inflation cues rate than external factors such as oil. Parker expects to see Fed funds rate at 50 basis points by the end of the year.

For More Information :Intraday Trading Tips, Intraday Stock Tips,F&O tips,Stock Future Tips, Intraday Tips ,Option Trading Tips,Stock Option Tips,Future & Option Tips,option tips

No comments:

Post a Comment