Trump Victory Unlikely to Prevent Fed Hike in December: Altius
Source: BFW (Bloomberg First Word)
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Chris Dickman (Australian Unity Funds Management Ltd)
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UUID: 7947283
(Bloomberg) -- As long as USD doesn’t rise too far, Donald Trump becoming president won’t stop a Fed rate increase as a Republican sweep could be inflationary, says Chris Dickman, Sydney-based principal at Altius Asset Management.
Alert: HALISTER1- “The certainty of one political party able to make executive decisions is quite unique in this world,” says Dickman
- Odds of December rate hike as measured by OIS fall to 49%
- FOMC decision due on Dec. 14
Source: BFW (Bloomberg First Word)
People
Chris Dickman (Australian Unity Funds Management Ltd)
To de-activate this alert, click here
UUID: 7947283