Fed Interest Rate – Markets set for Fed Rate Hike.
This article is originally referred from Yadix News.
Jun 14, 18:00 GMT: The Federal Reserve is anticipated to apply a 0.25 percent interest rate hike on Wednesday unless there is a big shock prior to the event.
Further to the interest rate decision, economists also expect policymakers to announce new plans to reduce the $4.5 trillion balance sheet this year and fresh forecasts for growth, jobs and inflation.
In the first quarter of 2017, the GDP growth slowed, however the markets will expect a solid rebound in the second quarter.
Moving forward, a softer inflation report could jeopardize a September rate and potentially change the tone of the Fed’s statement.
Original Source: Yadix News