Reuters report on their poll of US Primary Dealers
(A primary dealer is a firm that buys government securities directly from the Federal Reserve. Or a bunch of Lizard People depending on your level of nuttiness)
Here's what the PDs are sayin':
- 9 of 16 in survey see no more than one Fed rate hike in 2016 vs 9 of 15 in June
- US primary dealers see median 20% chance for July rate hike by Federal Reserve (13 replies) vs 34% in June 3 poll (15 replies)
- US primary dealers see median 20% chance of US recession in next 12 months (12 replies)
