Odds for a June Federal Reserve rate hike pegged at 85% – WSJ survey
|The latest survey of sixty economists conducted by the Wall Street Journal (WSJ) showed that almost all of them have priced-in a Federal Reserve (Fed) rate hike next month.
Key Findings:
98% of respondents see a Fed rate hike in June meeting.
Average probability of a move seen at 85%.
76% of the economists see the next rate hike after June in September.
Average probability of a move in September pegged at 64%.
19% of respondents say that the Fed will move in December instead of September for a third rate hike this year.
Further details found in the graph below.
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