Sentences with phrase «moderate pace of rate hikes»
We believe the Federal Reserve (Fed) would likely delay any pre-emptive action, keeping to a moderate pace of rate hikes in 2018.
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All in all, the Fed continues to expect inflation to rise gradually toward 2 % over the medium term as the labor market improves further and the transitory effects of energy price declines and other factors dissipate, but the pace for hikes in interest rates could well be moderate, as the Fed has been indicating.