My June 2018 Fed meeting preview

The consensus view is that the Fed will announce an increase in the Fed Funds rate range by a quarter percentage point when it releases its statement tomorrow. So now the question is about the forward guidance and the economic outlook provided in the policy statement. At this juncture, I don't expect big changes. I expect the Fed to be more upbeat, but I do not expect it to change guidance. Some thoughts below
Looking for a Goldilocks hike cycle
Let's look at why this matters. Right now, the US ...

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