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Gulf widens between Fed forecasts and signal from futures market
By Daniel Kruger
Bloomberg News
Saturday, Ocotber 3, 2015
The bond market's doubts about the Federal Reserve's projections for interest rates are only growing.
After Friday's weaker-than-forecast U.S. September jobs report, traders are betting that the Fed will wait until at least March before lifting its benchmark rate from near zero. What's more, they don't fully price in another hike until early 2017. That contrasts with the central bank's forecast, published just over two weeks ago, that the target would reach 1.375 percent by the end of 2016. ...
... For the remainder of the report:
http://www.bloomberg.com/news/articles/2015-10-03/gulf-widens-between-fe...
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