Pantheon Macroeconomics - The Fed will hike by 25 basis points today, citing the tightening labor market as the key reason to press ahead with the process of policy normalization.  We think the case for adding an extra dot to the plot for both this year and next is powerful.

U.S. | 15 March 2017 Rates Will Rise by 25bp Today, but Extra Dots More Likely in June
The Fed will hike by 25 basis points today, citing the tightening labor market as the key reason to press ahead with the process of policy normalization. We think the case for adding an extra dot to the plot for both this year and next is powerful.

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15 March 2017 Rates Will Rise by 25bp Today, but Extra Dots More Likely in June

By Ian Shepherdson

The Fed will hike by 25 basis points today, citing the tightening labor market as the key reason to press ahead with the process of policy normalization. We think the case for adding an extra dot to the plot for both this year and next is powerful.

Posted: 14th Mar 2017 in 'U.S.'

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