Aug
25
Once Unthinkable, October Rate Boost Now on Wall Street’s Radar
ByOctober is a long shot, but Wall Street isn’t ruling it out.
Traders and investors have been betting for months that the Federal Reserve will raise interest rates in September or December. October — the only other meeting on the 2015 calendar — wasn’t part of the conversation, mainly because there’s no press conference scheduled along with the central bank’s interest-rate decision that day.
Now that may be changing for some analysts after the recent financial-market turmoil. September may be too soon, and December is problematic in the eyes of some investors because liquidity in financial markets tends to dry up at that time of year. That puts October on the radar screen…
Once Unthinkable, October Rate Boost Now on Wall Street’s Radar
