BlackRock: Three Reasons Why an Earlier-Than-Expected Rate Hike is Likely
September 08, 2014 at 07:00 AM EDT
After the weaker-than-expected August non-farm payrolls report, many market watchers are speculating that the Federal Reserve (Fed) will stick with a mid-2015 time frame for raising rates and won’t be announcing an earlier-than-expected rate hike at its upcoming September meeting. In my opinion,...