Expect 2 more Fed rate hikes this year - HSBC

Dhwani Mehta FXStreet

On Monday, economists at HSBC revised up their outlook for the US interest rates, now expecting two more rate hike this year versus anticipation of one more previously.

Key Quotes:

"Given the change in sentiment among FOMC (Federal Open Market Committee) members, we change our forecasts to include another two rate rises this year, in June and September."

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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