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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

UOB's Heng Koon How expects two hikes in 2019, seeing this as a likely inflection point in the prevailing monetary policy tightening cycle.


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...

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