ZROZ - IHS Markit Predicts One More Fed Rate Rise This Cycle

IHS Markit is, of course, only one of the many people trying to predict the monetary policy cycle in the near future. Their forecast is that the Federal Reserve will have just the one interest rate rise late this year and then that will be it for the cycle.

Inflation is expected to rise to target, allowing that rate rise. But growth to moderate back to trend levels meaning no greater rise is necessary. From their report:

United States Federal Reserve

Expected monetary actions during the next two years:

Muted inflation and few signs of

Read more ...