FOMC Raised Rates by 25bps; SEP Still At Three Hikes Per Year in 2017 and 2018
​As was widely expected the FOMC raised the range for the fed funds rate to 0.75%–1.0% from 0.50%–0.75%. The statement language on economic activity and the labor market were little change from the February 1 statement. The median projection for the year-end 2017, 2018 and 2019 fed funds rate was 1.4%, 2.1%, and 3.0%, respectively. This is little changed from December’s median projections for 2017, 2018, and 2019 of 1.4%, 2.1%, and 2.9%.
RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.
Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.
The founders of RDQ Economics, John Ryding and Conrad DeQuadros, have a combined experience of 26 years on Wall Street, 12 years of experience in central banking at the Federal Reserve and the Bank of England and nine years in the independent research space. John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.