Overall, inflation expectations are marginally higher than in the winter survey: higher commodity prices and
expected inflationary pressures in the United States are viewed as contributing to domestic inflation over the next two years.
Yun
expects inflationary pressure to force the Fed to raise short - term rates in the first half of 2015.
Not exact matches
The precious metals group also stated that it
expected 2018 to be «a challenging year,» with comment on costs and
inflationary pressures.
Other data last week had painted a somewhat mixed view of the economy at the start of the year, with
inflationary pressures easing — possibly pointing to softening activity — but better - than -
expected import and export growth.
The Bank of Korea left its key interest rate unchanged on Tuesday, as
expected, taking note of muted
inflationary pressure and showing caution ahead of any further monetary tightening from the U.S Federal Reserve's policy meeting on March 20 - 21.
With a plan to cut energy subsidies further and introduce a value added tax this fiscal year,
inflationary pressures are
expected to intensify.
If potential growth turns out to be greater than we
expect, the economy could expand further before generating
inflationary pressures.
A fourth rate hike could come if the Fed
expects tax cuts to raise
inflationary pressures.
In addition, domestic
inflationary pressures are
expected to kick in as inventories are absorbed and wage growth rebounds in the near - to medium - term.
Reflecting indications that US economic growth remains robust and concerns that
inflationary pressures may be building, markets are now
expecting the federal funds rate to reach 3 1/4 per cent by August, which implies 25 basis point increases at three of the next four FOMC meetings (Graph 17).