Fed's Next Rate Move Splits Economists Looking Past March FOMC
- Fed to hold rates steady at March 15-16 policy meeting
- Survey predicts the Fed's dot plot to show three hikes in 2016
Kingwest CIO: Why the Fed Needs to Raise Rates
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The great American jobs machine keeps humming and inflation is finally stirring to life. Still, economists are split over how aggressively the Federal Reserve will signal its next interest-rate move when policy makers meet on March 15-16.
Economists surveyed by Bloomberg see the central bank holding rates unchanged next week and 55 percent predict the Fed will also echo the language of its January statement that officials were “assessing” global economic and financial developments. That would be viewed as signaling less likelihood of a hike at their April meeting.