HALISTER1: Trump Victory Unlikely to Prevent Fed Hike in December: Altius

Trump Victory Unlikely to Prevent Fed Hike in December: Altius

(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.
  • “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
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Chris Dickman (Australian Unity Funds Management Ltd)

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