Tim Duy, Columnist

5 Questions for the Fed in 2018

The central bank will find more reasons to raise rates than hold steady, leaving the three-hike projection as the best bet.

Jerome Powell takes over.

Photographer: Alex Wong/Getty Images

The Federal Reserve anticipates continued monetary tightening in 2018, as it seeks to match 2017’s pace of interest-rate hikes with another three quarter-point moves. As always, however, that projection depends on actual economic outcomes. With that in mind, here are five questions the Fed will face in 2018 as it charts a course for policy:

Is this the year inflation begins to pick up?