The Federal Open Market Committee meeting December 19 an 20 is about how many interest rate hikes there will be in 2020
- "will be about one thing and one thing only for investors: how many hikes does the Fed think will be appropriate in 2019?"
Sound about right, yep.
More:
- expects Fed to lower growth and rate increases for next year
- distribution of the dots "will skew more dovish and the mean of the dots is likely to move lower"
Forecasts from MS:
- Fed to hike at this meeting
- expects two hikes in 2019
- Statement to indicate flexibility in the path ahead, greater data-dependent language than current guidance
