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Hilsenrath: Divided Fed likely to stand pat

Sep. 13, 2016 7:58 AM ETEGF, GOVI, FTT, GOVT, TAPRBy: Stephen Alpher, SA News Editor
  • It's a close call, says the WSJ's Jon Hilsenrath, but the hawks on the Fed are lacking enough of a consensus to push through a rate hike next week, leaving December as probably the next option for a move.
  • Janet Yellen's job for the next week, says Hilsenrath, will be meeting privately with FOMC members to sound out their views and plot her plan for the meeting. She'll face a divided group and the potential for more internal dissent than has been common since she took over two years ago.
  • Previously: Goldman cuts rate hike odds after Brainard speech (Sept. 13)
  • ETFs: PLW, GOVT, FTT, EGF, TAPR

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