Halister News

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:

• FOMC Rate - Upper 1; range 0.75 to 1 (82 estimates)
• FOMC Rate Lower 0.75; range 0.50 to 0.75 (82 estimates)
• • "Markets are expressing a near 100% probability of a move, so the rate hike will not be the major focal point of the meeting. Instead, analysts will watch for indications that a more confident Fed is shifting into a faster pace of tightening -- supported by a firmer economic view and less constrained by the lower bound for interest rates": Bloomberg Intelligence
  • In December, the Fed tightened for the first time in a year

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