Credit Suisse expects the Feds to hike rates in September by 25 bps followed by one more rate hike before 2015-end backed by solid economic data from the US with the fund rate target possibly reaching 1.75-2.00% by 2016-end. Despite onlooker’s optimism that the Wall Street-coined ‘Great Rotation’ would occur follow Fed tightening, Credit Suisse is less than cheery about…
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