Hike Tomorrow? Two Foreign-Based Fed Primary Dealers Bet Against Consensus

September 21, 2016

by Mike ‘Mish’ Shedlock
Mish Talk

Barclays Plc and BNP Paribas SA think the Fed will hike on September 21.

Even more curious, Barclays is based in London, and BNP Paribas is headquartered in Paris.

Is some sort of FX or interest rate fix in?

Market-Defying Call

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