CIBC Capital Markets: Fed likely to stay on the side lines

Sandeep Kanihama FXStreet Contributor

CIBC Capital Markets analysis team expects the US Federal Reserve to stay on the side lines longer than they previously anticipated, due to its recent dovish recent communications and signs of a weakening economy around the turn of the year.

Key Quotes

“Evidence of a pickup in growth during the second quarter, following a shutdown-impacted Q1, could bring one more hike in the third quarter, one that will need to be reversed in 2020.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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