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The Fed's Rate Hike Plans Are Now "In Tatters" - What Wall Street Thinks
• zerohedge.comHere are more comments, courtesy of Bloomberg, from Wall Steet's so-called experts, none of whom predicted the actual a Brexit outcome, about U.S. monetary policy outlook following the outcome of the U.K. referendum.
BofAML (Ethan Harris, others)
Next Fed hike now seen in Dec., not Sept.
Brexit vote is another in "long string of confidence shocks," will reduce U.S. GDP by an est. 0.2ppts over next 6 qtrs
BoT-Mits (Cliff Tan)
Brexit will tighten financial conditions, mkt reaction is going to possibly be "pretty severe" over next few trading days
Janus Capital (Bill Gross)
Fed's dots have no future relevancy
Brexit was storming of the gates of finance by populists
JPMorgan (Michael Feroli)