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100% sure of Fed hike; politics, not data, is key: Rabobank

Speaking to CNBC-TV18 Michael Every of Rabobank said that the US Fed will raise rates this December. “We are 100 percent expecting it,” he said.

December 02, 2016 / 11:59 IST
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Speaking to CNBC-TV18 Michael Every of Rabobank said that the US Fed will raise rates this December. “We are 100 percent expecting it,” he said.

The question for 2017 would be where do we go from here, he mused, as there are so many unknowns. “We have to wait and see where the Donald Trump economic policy is beginning to look like.”

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He stressed how it is politics, and not data, which is important right now.Watch video for more...

first published: Dec 2, 2016 11:33 am

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