FOMC Projects Two More Hikes This Year, Three More in 2019. BOE Next

Posted March 22nd, 2018 by Marco40H95815220 and filed in General News

While the +25 bps rate hike has been widely anticipated, the market appeared disappointed by the less-hawkish-than-expected dot plot accompanying the FOMC announcement. The median dot plot continues to project 3 rate hikes in 2018. Yet, there are now 7 members expecting more than 3 rate hikes this year, compared with 4 in December. The rate hike path has steepened for the years to come.

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FOMC Projects Two More Hikes This Year, Three More in 2019. BOE Next

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