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Moody’s sees 3 additional Fed rate hikes in 2018 - Reuters

Below are the key highlights from the recently published Moody's global economic report, as reported by Reuters.

Near-term global economic outlook remains strong, downside risks rise to the surface.

US growth in 2018 seen outpacing that of other advanced markets.

Re-escalation of US, China trade tensions another risk factor to economic growth.

Sees 3 additional Fed rate hikes in 2018, 3 more hikes to come in 2019.

Sees BoJ maintaining current monetary policy over next 2-years.

ECB likely to stop additional asset purchases by end-2018.

France: Dismal consumption in 1Q, 2Q starts on the wrong foot - ING

Julien Manceaux, Senior Economist at ING, notes that France’s GDP growth was weaker than previously thought while private consumption growth was disma
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WTI sidelined near $67.00 ahead of API

Prices of the barrel of the West Texas Intermediate are navigating within a narrow range today, currently gyrating around the $67.00 mark ahead of the
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