Markets anticipate a Fed rate hike by the end of the year, but a Milken panel has doubts....

|By:, SA News Editor

Markets anticipate a Fed rate hike by the end of the year, but a Milken panel has doubts. Vincent Reinhardt: "They won’t tighten until they change their forecast, unless there is an outside force that puts pressure on them to do so." A surge in inflation isn't a likely cause, Jason Cummins says: "The U.S. economy is in outright deflation in the core CPI basket... The breadth of the declines is profound."