Editor, Investment Strategy. Europe, Middle East and Africa, London
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Fed unlikely to raise rates at all in 2015 – Amundi

LONDON (Reuters) – Markets are overly worried about the U.S. Federal Reserve normalizing its monetary policy and it probably won’t even raise interest rates next year, one of Europe’s biggest investors said on Tuesday.

Pascal Blanque, Chief Investment Officer at the $1.2 trillion Amundi Asset Management, sees a ‘low probability’ of the Fed making its first rate rise in 9 years in 2015 – despite consensus forecasts of a mid-year hike.

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    • About Mike

      "Mike Dolan is Reuters' Investment Strategy Editor in Europe. He has been a correspondent and editor for the past 20 years, working for Reuters from London and Washington DC in a variety of roles covering global policymaking, economics and investment trends."
      Joined Reuters:
      1995
      Awards:
      Reuters Editor of the Year, 2009. Reuters multimedia journalist of the year award, 2011
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