Financials Sep 19, 2021 01:07 PM (GMT+8)
James Knightley, chief international economist at ABN AMRO, expects the Fed's new forecast to show a slight downward correction in economic growth and an upward correction in inflation. The most concerned may be the dot matrix of the Fed's forecast for raising interest rates. At present, 7 of the 18 officials will take 2022 as the starting point for raising interest rates. It is conceivable that one or two officials may advance their forecast to 2022. At present, the bank expects the median to stay in 2023, but the forces on both sides may be equal.
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