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.
我想不起曾有哪一個時刻,市場預期美聯準會做的事跟美聯準自己預計要做的事差異如此巨大。市場預計美聯準到2017年底會將利率提高到1.6%,而聯邦公開市場委員會(FOMC)的平均預計值爲3.5%。
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