(Reuters) - "The Fed is not going to be cutting rates at any time this year," said David Rosenberg, chief economist for North America at Merrill Lynch.
The change was based in part on expectations for stronger growth, with the firm raising its estimate for second-quarter gross domestic product to 2.5 percent from 2 percent.
Read more at Reuters.com Business News
The change was based in part on expectations for stronger growth, with the firm raising its estimate for second-quarter gross domestic product to 2.5 percent from 2 percent.
Read more at Reuters.com Business News
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