WSJ reporter and supposed FOMC insider Hilsenrath out with latest thoughts 20 July
Our friends at Livesquawk reporting.
Says Hilsenrath:
"It is not certain that the Fed will with raise rates as early as September. In the Janet Yellen Fed, it always depends. But as Michael (Derby) and I reported yesterday, the odds of a rate move appear to have shifted more than the market had appreciated"
Whether he still has any inside since the Yellen regime is debatable but market does seem to be veering toward a hike by year-end.