US Economics

US Economics Weekly

11 January, 2019

How patient will the Fed be?

With financial markets rebounding this week and the incoming domestic activity data relatively strong, we still expect the “patient” Fed to raise interest rates this year. But core PCE inflation looks set to remain stable at just below the Fed’s 2% target, so we suspect policymakers would not hesitate to end the tightening cycle if the data pointed to a sharp slowdown, which we expect to happen in the second half of this year.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.