Here are the Blue Dots

Here are the latest economic projections:

Fed members see two more hikes coming next year, another one in 2020 and none in 2021. I still think that’s overly aggressive.

Going by weighted average, in September, the Fed expected 3.2 rate hikes next year. Now they expect 1.9 hikes. The correct answer is zero or maybe one.

This is a bit closer to reality, but they have more room to go.

Posted by on December 19th, 2018 at 2:08 pm


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