US: Change to Fed Outlook – 6 March 2017
Change to fed rate call – March hike now expected.
Key points:
- Following clear signals from the Fed over the last week we now expect the next increase in the fed funds rate will be in this month’s meeting.
- We are also now expecting three rate hikes this year rather than two.
For further details please see the attached document:
About the Author
Tony joined NAB early in 2011 from the Victorian Treasury where he worked for 12 years on a range of issues, including state budget strategy and forecasting state taxation revenues.
Before this, Tony was in the Commonwealth Treasury for a decade, where he undertook work on macroeconomic forecasting, microeconomic reform and debt management.
Tony grew up in Canberra and graduated (with first class honours) from the Australian National University. He also holds a Masters degree in Applied Finance from Macquarie University.
