Goldman sees 35% chance on US rate hike in June

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

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

REUTERS