April 9, 2015 / 5:49 PM / in 2 years

Allianz's El-Erian says Fed will likely hike rates in September

TORONTO, April 9 (Reuters) - The U.S. Federal Reserve will likely hike interest rates in September, Allianz chief economic adviser Mohamed El-Erian said on Thursday.

“Yes, the Fed will be the first to move. Notwithstanding last Friday’s employment report, I think they will start hiking rates in September,” El-Erian told a financial audience in Toronto. (Reporting by Solarina Ho; Editing by Chizu Nomiyama)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below