Divided Wall Street sees just one Fed rate hike in 2016: poll
A small majority of Wall Street's top banks expect the Federal Reserve to raise interest rates no more than once this year, results of a Reuters poll showed Wednesday after the U.S. central bank left rates unchanged and cut its economic growth outlook. Eight of 16 respondents to a poll of so-called primary dealers said the Fed would likely raise its benchmark overnight lending rate once in the remaining months of 2016, while one said the Fed will not move rates at all. The survey of the dealers,
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