While the recent softening in price pressures suggests that core inflation won’t hit the Fed’s 2% target until a bit later than we previously thought, we still think it will get there by mid-2015. That means a rate hike in March is still possible, especially if the activity data remain strong.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services