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An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo Acquire Licensing Rights
Oct 20 (Reuters) – BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate hike in December instead of November.
Economists at the brokerage believe that recent comments from policymakers at the central bank suggest “they will opt for one last hike in December”.
Reporting by Roshan Abraham in Bengaluru; Editing by Krishna Chandra Eluri
Our Standards: The Thomson Reuters Trust Principles.
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