Goldman sees 35 pct chance on U.S. rate hike in June | Reuters

NEW YORK Goldman Sachs economists said on Monday they estimated a 35 percent chance the Federal Reserve would raise its target on the federal funds rate at its June 14-15 policy meeting. They placed a 35 percent probability of a rate hike at the July 26-27 meeting and a 20 percent probability for one at the Sept.

Reuters May 24, 2016 01:15:08 IST

NEW YORK Goldman Sachs economists said on Monday they estimated a 35 percent chance the Federal Reserve would raise its target on the federal funds rate at its June 14-15 policy meeting. They placed a 35 percent probability of a rate hike at the July 26-27 meeting and a 20 percent probability for one at the Sept. 20-21 meeting, they wrote in a research note.

(Reporting by Richard Leong; Editing by Meredith Mazzilli) This story has not been edited by Firstpost staff and is generated by auto-feed.

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