Where Wall Street Stands On Wednesday’s FED Decision
Odds are around 90% for a 25 bp hike tomorrow.
Hold:
Wells Fargo: no change through year-end
25 bp hike Wednesday:
Bank of America
Goldman Sachs
JPMorgan
Citi
HSBC
Pantheon
Morgan Stanley
Deutsche Bank
Barclays
UBS
BNP Paribas
Expect more than one hike this year:
Morgan Stanley: Another in Dec
Deutsche Bank: Another in Dec
Barclays: Another in Dec
BofA: Oct + Dec
UBS: 2 hikes total
BNP Paribas: Says 3 hikes may be needed
Former NY Fed President Bill Dudley says he’d be “shocked” by anything other than 25 bps.