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Trading news
30 May 2018
Moody’s sees 3 additional Fed rate hikes in 2018 - Reuters
Below are the key highlights from the recently published Moody's global economic report, as reported by Reuters.
Near-term global economic outlook remains strong, downside risks rise to the surface.
US growth in 2018 seen outpacing that of other advanced markets.
Re-escalation of US, China trade tensions another risk factor to economic growth.
Sees 3 additional Fed rate hikes in 2018, 3 more hikes to come in 2019.
Sees BoJ maintaining current monetary policy over next 2-years.
ECB likely to stop additional asset purchases by end-2018.