The Federal Reserve will raise the rate before the end of 2018 and two more times in 2019, analysts at Morgan Stanley believe. Their forecast earlier suggested raising the Fed rate only once this year and three times in 2019. The bank changed it due to the active growth of the US GDP in the second quarter of this year. Senior analyst at Morgan Stanley in the US, Ellen Zentner, said: “The statistics showed that the US economy is too strong, and the Fed will not take a break.” According to the experts of the bank, the Fed will raise the rate to the maximum by mid-2019 and then will hold it.
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