A slightly more hawkish Fed add one more rate hike in 2018 - NBF

Ross J Burland FXStreet

Analysts at NBF Economics and Strategy explained that the overall changes to the central tendency of economic projections have moved marginally stronger across the horizon.

Key Quotes:

"Given their economic outlook and confidence that the risks to this outlook appear roughly balance, now a majority of participants see the fed funds rate moving up to 2.375% (7 participants) or above (1 participant) by year-end.

We take notice but want to see how risks related to international uncertainties including from emerging market will evolve before changing our forecast of only one more rate hike this year."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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