The Fed's Sticking to Its Rate-Hike Plan Despite Soft Patch
- U.S. central bankers maintain confidence in their forecast
- String of weak data recall Fed-hike backtracking of 2015, 2016
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Don’t bet on the Federal Reserve blinking again.
U.S. central bankers appear to be on course to raise interest rates twice more this year and remain confident in their forecast for growth of around 2 percent despite a series of weak first-quarter reports.