We asked traders if the Fed will take action this year
May 15, 2015 10:05 AM
It seems that 2015 has been dominated by the anticipation of the Federal Reserve making the decision to raise interest rates.
We've been educated on what it truly means to be patient, and traders may need to exercise this virtue for a little longer. The decision to raise interest rates lies soley with the Fed, and right now rates don't seem to be going anywhere. That doesn't, however, mean that there is no chance of a rate hike. If the Fed were to raise rates, there is no way to know if they'll stop at one or keep going. In an effort of predicting any future moves, we turned to our experts on the matter.
This week we asked traders:
How many times will the Fed raise rates in 2015?
1 (25-basis points)
2 (50 bps)
3 (75 bps)
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