MPC not expected to change rate, while window dressing in first quarter unlikely
In midMarch, the US Federal Reserve decided to raise its benchmark interest rate by 25 basis points to 0.751.0 per cent and expects to raise it two more times this year, provided inflation is higher. The US inflation rate was 2.7 per cent in February, which made the real interest rate minus1.7 per cent.
Mar 26. 2017