Tag Archives: Merrill

The market needs to rethink the Fed: Merrill economist

The market has likely fallen behind the curve when it comes to anticipating the Federal Reserve’s pace of interest rate hikes this year, Bank of America Merrill Lynch senior economist Michael Hanson said Monday. That is particularly the case if the U.S. unemployment rate continues to fall, he said. On Friday, government data showed the unemployment rate ticked down from ... Read More »