Reuters poll of primary dealers answering survey, 17 or 23 answering survey questions

  • All 17 see September as meeting when Fed announces start date for balance sheet reduction

  • All 17 primary dealers in survey see Federal Reserve leaving rates unchanged at 1.00-1.25 pct at September meeting
  • 15 of 17 dealers in survey see Fed raising rates by end of 2017 to a range of 1.25-1.50 pct from current 1.00-1.25 pct
  • Median view of 17 dealers in survey sees Fed target rate rising to 2.00-2.25 pct by end of 2018

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NOTE: There are 23 primary dealers, only 17 responses to the Reuters survey though. Just noting this as the title to the post might convey there are only 17 primary dealers. My bad.