Kasikorn Research predicts US Fed to maintain policy rate

Economy July 30, 2018 14:05

By The Nation

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Kasikorn Research Centre forecasts that the US Federal Reserve meeting this week will choose to maintain the policy rate between 1.75 per cent and 2 per cent as the US economic recovery will feel a negative impact from the Trump administration’s trade war with China.




However, the Centre believes that the Fed will increase its policy rate over the rest of this year.