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Financial Times survey on leading 53 economists, shows that rate hike expectations have grown but economists still remain well divided over the issue.
Kindly note, all numbers are squared to closest decimal point.
- About 32% of the economists see FED raising rates in June, while 19% favored July. Most, about 36% expects next hike in September. Only 6% see it December, whereas 7.5% of them see the hike happening in 2017.
- About 66% of the economists expect two rate hikes this year and about 24.5% see just one hike. 1.9% expect 3 rate hikes this year and another 1.9% see a rate cut. About 6% see no hikes this year.
- Economists over don’t see possibility of a technical recession in United States within next year. Less than 10% see 50% chance of recession. About 80% of them, see chances of recession next year.
- 40% of the economist feel, British referendum may push FED, not to hike in June.
In recent weeks, market has started aligning towards a hike over next two meeting, a sharp forwarding from December.
