Investing.com – The majority of economists believe that the Federal Reserve will hike rates in March with a second move higher arriving in June, according to a survey released on Thursday.
A monthly Wall Street Journal survey of approximately 60 economists showed that 92.5% of them believe the Fed will hike at its March 28 decision. That compares with 73% priced in by the market, according to Investing.com’s .
The survey also showed that these experts put odds of a second hike on June 13 at 65.2%; while Fed fund futures price in the move at only 53%.
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Source: Investing.com