June 15 (Reuters) – A number of main U.S. banks count on the Federal Reserve to ship one other 25-basis-point charge hike in July after the central financial institution on Wednesday signaled that borrowing prices might have to rise by as a lot as half a proportion level by the top of the yr.
Cash markets are at the moment pricing in a virtually 72% likelihood of a 25 bps charge hike in July, and the primary charge reduce in March subsequent yr.
Following are forecasts from some massive U.S. banks and their world counterparts:
Compiled by Dealer Analysis staff in Bengaluru; Enhancing by Sherry Jacob-Phillips
Our Requirements: The Thomson Reuters Belief Rules.
