Fed seen rising rates by 25bps in Q4 2017 – Reuters poll

Yet another outcome of the latest Reuters poll, with economists this time expressing their view on the Fed rate hike outlook.

Key findings:

Fed to hike interest rates by 25bps in Q4 2017

Another 25bps in Q1 2018

55 from 85 economists say the Fed will announce balance sheet normalization plan in Sept

US GDP to grow annualised 2.7% in Q2 vs 3.0% in previous poll (June)

Core PCE inflation forecast to average 1.5-1.6% each remaining quarter of 2017 vs 1.6-1.7% previous