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Fed to raise three times in 2018 - Nomura

Analysts at Nomura explained that the FOMC appears set to raise rates again at its upcoming December meeting. 

Key Quotes:

"With continued stronger-than-expected and above-trend economic growth, some recent recovery in inflation, and financial conditions that have remained very accommodative, we now expect more interest rate hikes next year and in 2019. In particular, we now expect the Federal Reserve to raise short-term interest rates three times next year and once in 2019."

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