These conditions support our call that the
Fed will continue gradual monetary policy normalization, announce its balance sheet tapering policy in September, and wait until December for additional data, especially on inflation, before raising the fed funds rate for the third time this year.&raq
Fed will continue gradual monetary policy normalization, announce its balance sheet tapering policy in September, and wait until December for
additional data, especially on inflation, before raising the
fed funds rate for the third time this year.&raq
fed funds rate for the third time this year.»
wait until December for
additional data, especially on inflation, before raising the
fed funds rate for the third time this year,» said Doug Duncan, chief economist at Fannie Mae, in its Economic and Housing Outlook this summer.
Three
additional quarter - point increases are planned for 2018, two in 2019, and one in 2020, with the goal of increasing the
Fed Funds rate to 2.90 % by year - end 2020.