Fed Likely to Sidestep Trade War to Raise Rates on March 21Posted 03/16/2018 2:48PM CT |
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.
- 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