Barclays: When though the Federal Reserve will raise interest rates?

Forex strategists at Barclays note that they are not surprised by the conservative estimates of the internal and external situation given by the Federal Reserve after the April meeting of the institution.

Analysts reserve base forecast, which suggests two increases in interest rates in 2016, the second lifting rates this year is foreseen for December but the question is - when will be the first raise? The baseline Barclays scenario provides June, but experts emphasize that there is a serious risk that this decision be postponed for one of the coming months - July or September.

The complexity of predicting the future course of regulators stems from the uncertainty related to the June referendum on Britain's membership of the European Union.

Comments from Federal Reserve published Wednesday night, allow the institution to approach flexible to the situation. If economic expansion in the US continued at a slower pace, while markets are stressed before the vote in the UK, regulators may delay the tightening of monetary policy in July or September, according to the Barclays Capital.