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Expect the Fed to Stand By Its 2018 Outlook

Tim Duy:

Expect the Fed to Stand By Its 2018 Outlook, by Tim Duy: As the Federal Reserve prepares to hike interest rates at this week’s Open-Market Committee meeting, market participants are bidding up short-term rates — moving toward the Fed expectations of more increases in 2018. That move could continue when the central bank reaffirms its commitment to further tightening next year. …Continued here at Bloomberg Prophets…