Fed Is In No Hurry To Raise Rates, BlackRock's Rosenberg Says

After the May payrolls report, markets are on the precipice of pricing in a full rate hike for this year, but policymakers are said to be in no hurry to raise rates. The article is largely interpretive commentary on labor data and Fed expectations rather than a new policy action. Market impact is limited, though the message may reinforce near-term rate volatility.

Analysis

After the May payrolls report, markets are on the precipice of pricing in a full rate hike for this year, but policymakers are said to be in no hurry to raise rates. The article is largely interpretive commentary on labor data and Fed expectations rather than a new policy action. Market impact is limited, though the message may reinforce near-term rate volatility.