While many Federal Reserve officials believe a June rate hike is unlikely, one strategist thinks the Fed may not pull the trigger at all in 2015. ‘You could argue that employment is better, but you’re not seeing any wage growth,’ said Ian Winer, head of equity trading at Los Angeles-based Wedbush Securities. ‘As far as inflation, there is no sign of that either. Over the last few months you’ve seen weaker economic data points, so there doesn’t seem to be any sense of urgency for the Fed to raise rates, even this year.’ Though the bond market seems to signal a rising rate environment, with yields on the benchmark 10-Year Treasury yielding 2.21%, compared to 2.12% at the start of the year.
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