Next hike by the Fed in March – NAB

By FXStreet FXStreet (Bali) – Tony Kelly, Senior Economist at NAB, expects the next hike by the FED will be in March.

Key Quotes

“We expect another year of moderate growth in 2016, with further labour market improvement and inflation starting to move back towards the Fed’s target.”

“Recent partial data have been on the soft side pointing to only slow GDP growth in the December quarter 2015.”

“Fed rate hikes expected to be only gradual this year; we expect the next hike will be in March.”
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Source:: FX Street