The U.S. Federal Reserve is likely to continue removing
policy accommodation gradually and could hike rates three times this year, Dallas Fed President Robert S. Kaplan told a business conference in Frankfurt on Thursday.
Not exact matches
The first - and most obvious - reason is that the exit will start from a point of extraordinary
policy accommodation, and will involve
gradually reducing the amount of stimulus in place, as opposed to initiating a rapid and severe
policy tightening.
We see upside in yields as attention returns to the Fed and some other central banks
gradually remove
policy accommodation, though structural factors such as aging populations and strong demand for income limit upward moves.
The Committee expects that, with appropriate
policy accommodation, economic growth will pick up from its recent pace and the unemployment rate will
gradually decline toward levels the Committee judges consistent with its dual mandate.
The Committee expects that, with appropriate
policy accommodation, economic activity will expand at a moderate pace and the unemployment rate will
gradually decline toward levels the Committee judges consistent with its dual mandate.
The Committee expects that, with appropriate
policy accommodation, economic growth will proceed at a moderate pace and the unemployment rate will
gradually decline toward levels the Committee judges consistent with its dual mandate.
The Committee expects that, with appropriate
policy accommodation, economic activity will expand at a moderate pace and labor market conditions will continue to improve
gradually, moving toward those the Committee judges consistent with its dual mandate.