You are here

US bond market not ready for up to 3 Fed rate hikes

Futures contracts show traders are banking on one move this year with odds of a second one at 51% during 2017
Wednesday, October 26, 2016 - 05:50

Chicago Fed president Charles Evans (left) joins San Francisco counterpart John Williams in supporting up to three rate hikes by end 2017 if the US economy keeps growing.


FEDERAL Reserve official Charles Evans has added his voice to forecasts for up to three interest-rate increases by the end of 2017. The bond market shows traders aren't ready for that many.

Chicago Fed president Mr Evans joined San Francisco counterpart John Williams, who

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom