Investors believe the Fed will hike interest rates again

The possibility of a US recession is diminishing, and the Federal Reserve is on track to hike interest rates twice a year for the foreseeable future that’s according to Bank of America Merrill Lynch’s most recent US Credit Investor Survey.

Charles Biderman: Negative interest rates are a total disaster

Bank of America’s credit survey gives an interesting insight into the world of the bank’s credit clients. The report can also be used as a broad indicator of credit investor sentiment, and therefore an indicator of US business sentiment.

Investors believe the Fed will hike interest rates again

Following the wave of positive July economic data, BoA’s credit investor survey conducted last week showed a remarkable reduction in the perceived recession possibilities relative...