The latest Reuters poll following Wednesday's FOMC rate hike and more hawkish statement/dots

  • Most US primary dealers see no more than two federal reserve rate hikes in 2017
  • Primary dealers see next fed rate hike in 2nd qtr 2017
  • Median view of 18 primary dealers is for year-end 2017 fed funds rate midpoint of 1.13 pct
  • Median view of 16 primary dealers is for year-end 2018 fed funds rate midpoint of 1.76 pct
  • Primary dealers see about 45 pct chance of faster-than-expected pace of rate hikes
  • 12 primary dealers see trump's economic plans boosting or significantly boosting business investment; three see little or no impact
  • Nine primary dealers see trade policy as greatest risk to outlook; five see fiscal policy and two see dollar strength as biggest risks

The view of 2 hikes to come next year contrasts with the dotty plotty which implies 3

I reckon 2 is more likely than 3 too, FWIW

3 hikes? Mwuhahaha.