REACTIONS-Fed is likely to raise interest rates this year – Reuters

       

(Reuters) – The US economy grew at a moderate pace after the impact of a harsh winter and probably strong enough to withstand a rise interest rates by year-end, officials said on Wednesday the US central bank.

       

Then analyst comments on the Fed statement:

        
       

Bruce Bittles, chief investment strategist at Robert W. Baird, IN SARASOTA, FLORIDA:

       

“The Fed alluded to the fact that the economy is improving and that the outlook for the second half is better for America. Of course, this increases the possibility of higher rates in the second half of the year.”

       

“The current market has long been making to the idea. At some point is discounted completely. Maybe that’s where we are. You can only cry a few times ‘crying wolf’ before it stops working” .

       

“If you are going to raise rates and the economy is good, I see no reason to not be made in September.”

        
       

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