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US Dot Plot says, four hikes is the best decision for 2018

The Dot Plot chart, which shows the moods of FOMC members, when and how much interest rates to change, has changed since the last US interest rate decision. At present, 7 of 15 FOMC members are of the opinion that the interest rates should rise to 2.375%, one is of the opinion that interest should rise to 2.75%, 5 think that the interest rates should reach 2.25% and two think that 1.75% is the best option for 2018.

A total of 8 was FOR 4 hikes, which lead to a significant increase in USD.

We are waiting for the Fed press conference at 21:30

HERE IS WHAT TO KNOW BEFORE FED PRESS CONFERENCE 

Used with permission of Bloomberg Finance L.P.


 Trader Petar Milanov


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