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每日时讯英文阅读：Wall Street sees no rate rise this year
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Wall Street sees no rate rise this year
By Krishna Guha in Washington
Thursday, August 07, 2008Thursday, August 07, 2008
An overwhelming majority of Wall Street economists thinks the Federal Reserve will not raise interest rates this year, in spite of its continued tough talk on inflation.
The bond and futures market, though, see things differently. They put a roughly 50-50 chance on a rate increase in October and a slightly higher chance of a rise by year-end.
There is close to a consensus on Wall Street. While the detail of their analyses differ, most economists think the Fed is talking tough to manage inflation expectations, given that headline inflation is 5 per cent and core inflation – which excludes food and energy – is moving higher.
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