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发帖数: 38600 | 1 Cashin: 2015 hike is still out of the question
http://www.cnbc.com/2015/08/11/cashin-2015-hike-is-still-out-of
Art Cashin, veteran trader and director of floor operations at the NYSE for
UBS, is sticking by his call that the Fed will not raise rates in 2015,
after China's currency move Tuesday.
"Global trading means the world is all linked together," he said Tuesday on
CNBC's "Squawk on the Street." "I think the Fed is going to watch very
closely over the next four weeks to see what kind of spill-out we get here."
Cashin was referring to China's action to devalue the yuan in an effort to
boost its economy.
Read More Currency war? How China devaluation may impact Fed
He said the Fed faces "an uphill battle" as it tries to digest U.S. economic
data as well as news coming from emerging markets like China.
In May, Cashin said he believed the U.S. central bank will wait until 2016
to hike interest rates but will continue to make it unclear for markets in
the meantime. |
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