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Fed Seen Pausing Rate Hikes But Still Moving Twice This Year

  • Economists say statement will see ‘roughly balanced’ risks
  • Majority expect balance sheet runoff to continue through 2019
Bloomberg business news
Fed Policy More Important Than China Trade, Gayeski Says

The Federal Reserve may have taken a break but it hasn’t finished raising interest rates, according to a new Bloomberg survey of economists.

Respondents to the poll pushed back the timing of expected rate hikes in 2019, but not the total number, sticking with a forecast for two moves. A majority said they now expect those to come in June and December, instead of March and September, as predicted in a similar survey a month ago.