Standard Chartered: Federal Reserve to Pause Rate Hike in May before Raising Rates in June

SHANGHAI, Apr 27 (SMM) –  Standard Chartered's Steve Englander wrote in a note Tuesday: "We think the Fed has strategic as well as tactical reasons for a pause in interest rate hike in May and then the Fed will raise interest rates in June, unless incoming data confirms that the economy slowdown has happened".

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Standard Chartered: Federal Reserve to Pause Rate Hike in May before Raising Rates in June