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Two, not three, US Fed interest rate hikes expected in 2019: analysts

But they warn that the situation is data-dependent - if wage inflation accelerates amid still resilient growth, the FOMC will carry out a third hike

Janice Heng
Published Tue, Jan 1, 2019 · 09:50 PM
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Singapore

ANALYSTS expect the United States Federal Reserve to hike interest rates twice instead of thrice this year, with the Fed Funds rate forecast at 3 per cent.

In their Global Outlook 2019, OCBC analysts said that "a gradual rate hike trajecto…

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