Peter Hooper of Deutsche Bank says the US Fed has a wait and watch approach and will be recognising the downside risks amid the recent softening of data.
In an interview to CNBC-TV18's Reema Tendulkar & Nigel D'Souza, experts shared their readings and outlook on the Fed rate hike.
In an interview with CNBC-TV18's Sonia Shenoy and Latha Venkatesh, Peter Hooper, MD and Chief Economist at Deutsche Bank Securities, provided his take on the Federal Reserve's decision to not hike interest rates overnight.
Peter Hooper of Deutsche Bank Securities says the Fed hiking rates will be taken as recognition that the US market is doing well
All eyes are on the two-day Federal Reserve meeting beginning Tuesday. Some investors are betting the Fed will wait up until later this year, instead of June as previously expected, before raising rates from record lows.
Peter Hooper of Deutsche Bank Securities doesn't expect Fed chair Janet Yellen to talk much about the strengthening of the dollar and neither does he expect her to sound too hawkish or dovish.
Globally, the European Central Bank (ECB) liquidity has resuted in investors taking a slightly more optimistic view, says Peter Hooper, managing director and chief economist, Deutsche Bank Securities
Peter Hooper, chief economist, Deutsche Bank Securities expect further strengthening of the US dollar post Fed‘s decision to end QE3.
The US jobs data on Friday came in stronger than expectation reigniting the fear that the Federal Reserve may soon begin pulling back its monetary stimulus.
While Peter Hooper feels the politics in Washington do not look very good, Seth Freeman says he would be surprised if there are significant gains from here.
The payroll employment number were certainly disappointing but that will not stop Federal Reserve to cut back the stimulus though it may be a bit late, says Peter Hooper.
Peter Hooper believes that if the fiscal drag begins to diminish that will pick up growth further in the second half of the year.
In an interview to CNBC-TV18, Peter Hooper, chief economist, Deutsche Bank says, the Fed‘s decision was pretty much in line with expectations.