CIBC Capital Markets: Fed likely to stay on the side lines
|CIBC Capital Markets analysis team expects the US Federal Reserve to stay on the side lines longer than they previously anticipated, due to its recent dovish recent communications and signs of a weakening economy around the turn of the year.
Key Quotes
“Evidence of a pickup in growth during the second quarter, following a shutdown-impacted Q1, could bring one more hike in the third quarter, one that will need to be reversed in 2020.”
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