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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (15017)12/1/2015 10:42:54 AM
From: Goose94Read Replies (1) | Respond to of 203353
 
Morgan Stanley looks for the Federal Open Market Committee to hike U.S. interest rates at a “snail‘s pace.” In its 2016 economic outlook, Morgan Stanley calls for below-consensus economic growth of 1.8% in 2016 and 2017.

The firm also says the Fed’s 2% core inflation target remains “elusive.” Morgan Stanley looks for a “snail's pace of policy tightening,” commenting, “following a December hike, we expect the Fed to pause until June 2016, followed by further hikes in September and December for an end-2016 target rate at 1.125%. Four hikes in 2017 bring the year-end target to 2.125%.”