Goldman Puts July Rate-Boost Odds at Twice What Bond Market Sees

Updated on
  • Economist Hatzius says Fed will keep rates unchanged in June
  • Futures show 61% chance of rate increase by year-end

Yellen: Fed Funds Rate Needs to Rise Gradually Over Time

Goldman Sachs Group Inc. says there’s a 40 percent chance the Federal Reserve will raise interest rates in July -- almost double what the bond market projects -- as Chair Janet Yellen kept prospects for a move this year alive.

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