After December Lift-Off, Fed In No Rush For Further Rate Hikes: HSBCMani
After the first rate hike or “lift-off” of 25bps in December, the FOMC will move slowly, spacing out two more 25bp rate hikes over course of next years, believe analysts at HSBC. In their Dec. 3 research note titled “U.S. Economic Outlook,” Kevin Logan and Ryan Wang at HSBC pegged U.S GDP growth in 2016 at 2.3%, which is below consensus.
Rate hike - USD approaching the end of 2015 on a high note
Logan and Wang point out that the exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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