I cannot recall a moment when the gap between what markets expect the US Federal Reserve to do and what the Fed itself has forecast it will do has been as large. Markets predict that the Fed will raise rates only to 1.6 per cent by the end of 2017; the Federal Open Market Committee’s average forecast is 3.5 per cent.
我想不起曾有哪一个时刻,市场预期美联储会做的事跟美联储自己预计要做的事差异如此巨大。市场预计美联储到2017年底会将利率提高到1.6%,而联邦公开市场委员会(FOMC)的平均预计值为3.5%。
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