Economists See Two ’16 Fed Rate Hikes, Unsure on Timing of First

Wall Street economists are more inclined than traders to see the Fed raising interest rates twice this year, though they’re less certain on the timing of the first increase.

…One reason investors are pessimistic on the central bank’s own policy rate forecast is that pushing the benchmark higher in a time of very low or even negative rates around the world could lead to a dollar rally, causing disinflation at home, said Lou Crandall, chief economist at Wrightson ICAP LLC.