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Next Fed rate hike will come in June – RBS Economics

‘Central Bank Watch’ research note from RBS Economics says the next Fed rate hike is likely in June. 

Rationale

US GDP growth slowed to a 1.9% annualized pace in Q4/16 although broad-based improvement in domestic spending made for a better report than the headline suggested. A solid domestic economy is expected to lift GDP growth to 2.3% this year.

Solid economic data and rising inflation and wages argue for the Fed to continue gradually normalizing monetary policy this year. We expect the next rate hike will come in June. 
 

Sources: White House eyes executive order targeting 'conflict minerals' rule - RTRS

Reuters quoting sources familiar with the White House discussions, citing that the US President Donald Trump is planning to issue an executive order t
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UK: Expect a hard Brexit to be delivered over next 2 years - Nomura

Analysts at Nomura brief us with fresh insights on the UK economic outlook, in light of a Hard Brexit. Key Quotes: “We expect a hard Brexit to be de
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