Fed will make 4 rate hikes this year, economists say after latest GDP, ECI reports

The latest economic data released by the government on Friday show inflation pressures are rising, and will lead the Federal Reserve to hike rates four times this year, one more than the three moves targeted in March, economists said. “The inflation data are flashing amber,” and justify four moves this year, said Paul Ashworth, chief U.S. economist at Capital Economics. “Everyone thinks that [4 moves]. We’re in the boring middle of consensus,” Ashworth said. The consensus is still that the Fed won’t lift rates at its two-day meeting ending Wednesday. The government reported that the employment cost index, a broader measure of compensation than the monthly average hourly earnings measure, rose 0.8% in the first quarter, putting the year-on-year rate at 2.7%. Read More @ https://www.marketwatch.com/story/fed-will-make-4-rate-hikes-this-year-economists-say-after-latest-gdp-eci-reports-2018-04-27


High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.


Leave a reply

Your email address will not be published. Required fields are marked *



We're not around right now. But you can send us an email and we'll get back to you, asap.


FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.finwaze.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2021 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?