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Interest Rates

Fed Likely to Sidestep Trade War to Raise Rates on March 21

Posted 03/16/2018 2:48PM CT | Blu Putnam, Chief Economist, CME Group

The trade war that could stem from U.S. tariffs on steel and aluminum is unlikely to affect GDP, freeing the Fed to raise rates at its March 21 meeting.

Video Highlights:

  • Federal Reserve set to raise rates at FOMC meeting on March 21
  • Fed to sidestep trade war concerns amid U.S. import tariffs on metals
  • Next raise likely in June; September move could be delayed if inflation is muted

 

Blu Putnam, Chief Economist, CME Group