Fed likely to hike rates 5 times in 2018 – Deutsche Bank

Dhwani Mehta FXStreet

Comments hit the wires last minutes from Peter Hooper, Chief Economist at Deutsche Bank Securities, delivered in a radio interview with Bloomberg.

Key Points:

“A strengthening US economy means that the Fed will raise rates at least four times this year and that "risks are moving towards five".

Fed's Lael Brainard's comments as an "important development" as she suggested that the pace of rate hikes may need to accelerate/quicken should the Fed's current forecasts be wrong.”

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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