
Please try another search
Investing.com - With 2017 coming to an end, markets are turning their focus to the coming year and appear to agree with the Federal Reserve’s own outlook that the U.S. central bank will hike interest rates three times in 2018. When the Fed updated economic projections in its December meeting, the dot plot showed that the median forecast for interest rates at the end of 2018 was 2.125%, equivalent to approximately three 25 basis point hikes from the current range of 1.25% to 1.50%.A recent Reuters poll of 51 wealth managers in the U.S., Europe, the UK and Japan showed that two-thirds agreed that the Fed will hike three times. Markets, however, remain more skeptical. Fed fund futures currently price in the odds of reaching the 2.00%-2.25% range by December 2018 at only about 37%. Market participants may well be focusing on the fact that policymakers have mentioned several times that they are closely watching to see if subdued levels of inflation will begin to react, while they have also stressed that planned “gradual” hikes will be “data-dependent”.
By Dan Burns (Reuters) - Chicago Federal Reserve Bank President Charles Evans on Tuesday said he supports an initial burst of monetary policy tightening, and then a more...
By Byron Kaye SYDNEY (Reuters) - The 10-minute home loan - at the tap of a smartphone screen - is emerging as the next frontier in Australian banking as rising interest rates...
LONDON (Reuters) - Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.