Page 16 - September October 2018 Disruption Report Flip Book
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MONETARY POLICY SEJPATN.U-AORCYT.20210818
MONETARY POLICY
Federal Reserve officials debate pushing rates into “restrictive territory”
“As expected, the Federal Reserve raised rates by 25 basis points [on September 26],” wrote First Trust’s economists Brian Wesbury, Robert Stein and Strider Elass. “And at this point, the outlook for the remainder 2018 looks largely determined, with both 75% of Fed officials and the markets pricing in one more rate hike in December to make it four for the year. What remains to be seen – and the focus for many with today’s release – is how policy will develop in 2019 and beyond.
CENTRAL BANKS HIKE OF INTEREST RATES As of September 27, 2018
“In short, the path towards higher rates remains on track at a steady pace,” they added. “Thanks to policy changes ranging from tax cuts to regulatory relief and attractive depreciation schedules, the economy is humming along and the ‘data dependent’ Fed has received overwhelming data to prove it.” (Economic Research Report, Brian Wesbury, Robert Stein and Strider Elass, 09/26/18)
In Financial Times, Sam Fleming wrote:
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