The latest CNBC Fed Survey shows Wall Street anticipating a more dovish Fed in April than it did back in March, with
the next rate hike not expected until much later this year.
Traders in the fed funds futures market, though, have shifted expectations and now don't expect
the next rate hike until at least June.
«Far more harm has been done to portfolios by trying to time
the next rate hike than will be done by missing that call.»
The Fed meanwhile, is expected to do no more than gently talk the market into
its next rate hike.
The stock market remains in dangerous waters just as
the next rate hike approaches.
While the Fed is expected to keep interest rates on hold at the conclusion of its policy meeting later Wednesday policymakers are widely expected to line up
their next rate hike in June.
We continue to have the March meeting circled for
the next rate hike (with two more in H2 next year), but will be like the Bank in watching NAFTA and housing in particular.»
While many today are focused on
the next rate hike in the United States, there are other risks beyond interest rate risk, namely credit risk.
Gold futures have blasted - off today reportedly once mixed domestic data highlighted uncertainty with the Federal Reserves timing of
their next rate hike.
Friday's release of the August jobs report will likely offer insight into when
the next rate hike may occur.