Asia Unhedged | Goldman Sachs raises March rate hike likelihood to 60%
New York Federal Reserve Building in New York. Photo: Reuters, Keith Bedford
New York Federal Reserve Building in New York. Photo: Reuters, Keith Bedford
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Goldman Sachs raises March rate hike likelihood to 60%

Goldman Sachs raised their subjective probability that the next hike will come at the March meeting to 60%, while lowering odds for May to 10% and for June to 25%.

March 1, 2017 11:04 PM (UTC+8)

Goldman Sachs rate comment: “Comments on February 28 from Fed Presidents Kaplan, Williams, and Dudley provided stronger hints that the FOMC is seriously considering a hike at its March meeting. We have raised our subjective probability that the next hike will come at the March meeting to 60% and lowered our odds for May to 10% and for June to 25%.”

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