US Economics

Fed to leave door open to June rate hike

Fed Watch
Written by Capital Economics Economist

Despite the marked improvement in financial conditions and fading fears over China’s economic outlook, the Fed is very unlikely to raise interest rates at the upcoming FOMC meeting, which concludes on Wednesday 27th April. Nevertheless, we expect the Fed to leave the door open to a rate hike at the next meeting in mid-June. In total, we expect the Fed to hike rates three times this year, to a range of 1.00% to 1.25% at year-end, as officials switch their focus from downside global risks to rising core inflation.


Cancel X

Register now for immediate access


Registered users can read up to 3 reports. Enter your details below for immediate access. If you would like to request a full trial of our services, please fill in the trial request form instead.
Note our system only accepts work email addresses (e.g. no Gmail, etc.).