Moody’s sees 3 Fed rate hikes next year
According to the latest review on the global central banks' monetary policy programme, the US-based Moody’s Investor’s Service APAC chief credit officer Taylor expects the Fed to hike the interest rates 3 times next year.
Key Points via Bloomberg:
Sees 3 US Federal Reserve Rate Hike Next Year
Some Asian central banks to also raise rates alongside the Fed.
India may be among the central banks that are cutting rates in 2018.
Sees Asia enjoying strong growth going into 2018.
Expects PBOC To Keep Policy Unchanged In 2018.