Fed to hike in Dec - Rabobank

Analysts at Rabobank explained recent economic data have been in line with the Fed’s expectations.

Key Quotes:

"So we are still on course for a Q4 hike."

"Hiking only a week before the elections seems unlikely, therefore a December hike remains our baseline scenario."

"However, the decision to hike may not be unanimous, which could have a perverse effect on yield levels, especially at the longer end of the curve."