The results of a survey conducted for 41 economists from 5-7 December through Bloomberg were as follows:
- The Fed is expected to raise interest rates three times in 2018, in March, September and December.
- Growth forecasts are likely to be revised to 2.3% from 2.1% in September projections.
- The revision of expectations comes as a result of the new tax plan, and global growth is faster.
- 63% of survey participants expect the risk to be monetary policy in the upside.
- 90% of respondents expect that the future course of interest rates over the next two years will be the same unchanged under the new governor Jerome Powell.
- 45% expect the shock of external economic or financial factors to pose the greatest risk to the markets during 2018.
