Skip to main content

Timing of first hike becomes more finely balanced

While the recent financial market volatility won’t prevent the Fed from announcing an end to its asset purchases at the meeting due to conclude on Wednesday 29th, it does mean the Fed is unlikely to alter its forward guidance until December’s meeting. And the recent softening in the inflation outlook means it has become a little less likely that the first rate hike will occur before next June.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access