ANALYST TAKE: «Markets never have been
convinced about a rate hike this year but these reports have once again tipped the balance back in favor of a March 2017 move, rather than December, while September is only 15 percent priced in,» said Craig Erlam, chief market analyst at OANDA.
«I'm
convinced that the «plan» is to go «lower» in terms of pace of buying, for «longer» in the hope of pushing out expectations
about rate hikes,» Kit Juckes, an analyst at Société Générale, said.