Vendot

They were wrong. Well it looks very much likely that further rate hikes this year are going to be OFF the table...... and if it does happen, it will be one hike of 0.25% at best. It looks more likely that they will reverse course and cut rates by year end.

So parity is also off the table for 2016 at least. The FED is starting to hint about negative interest rates too:

Fischer: Negative Rates Are Working More Than I Expected - Bloomberg Business

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