Banks predict the Fed will raise interest rates.

A CNBC survey shows that all banks predict the US Federal Reserve (FED) will raise interest rates tomorrow (December 17).

The American financial news channel CNBC recently conducted a survey of banks' assessments of the possibility of the FED raising interest rates for the first time since 2006 at its meeting on December 17. The result was that all 19 banks surveyed believed that the FED would raise interest rates this year.

Predicting the US Federal Reserve's 2016 policy, apart from Saxo Bank's prediction of one increase, other banks believe that the FED will raise interest rates several more times.

ANZ experts said that this is a reasonable time for the US to raise USD interest rates because the economy has recovered significantly. Continuing to delay raising interest rates may require sudden and more difficult policy tightening later.

Ms. Janet Yellen - Chairwoman of the FED

In addition, the US November jobs report has helped reinforce the forecast of the Fed raising interest rates. Fed Chair Janet Yellen said in early December that the US labor market only needed to create a minimum of 100,000 non-farm jobs to keep the unemployment rate stable, but the actual number was much more impressive with 211,000 jobs created.

Nomura economists said that the continued decline in oil prices and the pressure on high-yield bonds cannot delay the Fed from raising interest rates.

In a report on December 14, they said financial conditions had tightened – a reminder of the short-term volatility of these conditions as the Fed begins its long-term policy of normalizing interest rates.

However, with the toughness in changing policy of policymakers, including Ms. Janet Yellen, the sell-off that took place last weekend will not be able to delay this interest rate hike of the FED./.

According to VOV