Fed to lift rates by 75 bps in 2016 - FT poll

FXStreet (Mumbai) - Sunday's Financial Times (FT) published the results of a poll estimating the policy path of the Fed in 2016, MNI reports. Of the 51 economists polled,"24 per cent expected two rises next year of 25 basis points each, 39 per cent expected three rises and 30 per cent forecast four rises" with the "median projection...for the Fed to lift rates by 75 basis points in 2016 and a further 100 in 2017."