05-08-2016 21:48 via news.yahoo.com

More Wall Street banks see one 2016 rate hike after strong jobs data - Reuters poll

More top Wall Street banks expect the Federal Reserve to raise U.S. interest rates in 2016 after a strong July jobs report suggested a modest economic pick up in the second half following an anaemic first half, a Reuters poll conducted on Friday showed. Thirteen of 21 primary dealers, or firms that do business directly with the Fed, said the U.S. central bank would raise its target interest rate by a quarter percentage point by the end of the year. Three of the banks polled said the Fed would ra
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