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Wolters Kluwer's Blue Chip Financial Forecasts Indicate That Interest Rates, Inflation and Growth Are IncreasingJanuary's issue of Wolters Kluwer's Blue Chip Financial Forecasts suggests that, on the heels of its December 2016 rate hike, the Federal Open Market Committee (FOMC) will raise the federal funds rate twice in 2017 - a consensus that is more conservative than the FOMC "dot plot," which indicates three rate hikes. The panel also anticipates a gradual acceleration in inflation, approaching the Federal Reserve's 2.0% target by the end of 2017 and real GDP growth about half a percentage point faster than last year, measured on a fourth-quarter-over-fourth-quarter basis. Other consensus findings and details from Wolters Kluwer's Blue Chip Financial Forecasts exclusive survey include:
Wolters Kluwer's Blue Chip Financial Forecasts highlights the prevailing opinion about the future direction and level of U.S. interest rates that is critical for profitable business management. The newsleter is created through a survey with participants from leading firms including Bank of America-Merrill Lynch, Goldman Sachs & Co., Swiss Re, Loomis, Sayles & Company, and J.P. Morgan. The survey compiles forecasts for the next six quarters for multiple variables not limited to the federal fund rate, prime rate, state and local bonds, home mortgage rate and consumer price index. Wolters Kluwer's Blue Chip Financial Forecasts is published monthly by Wolters Kluwer Legal & Regulatory U.S., a global leader in information services and solutions for legal professionals. For more information on Wolters Kluwer's Blue Chip Financial Forecasts please visit, https://lrus.wolterskluwer.com/product-family/blue-chip. About Wolters Kluwer Wolters Kluwer Legal & Regulatory U.S. is a part of Wolters Kluwer N.V. (AEX: WKL) a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY). For more information about Wolters Kluwer Legal & Regulatory U.S., visit www.WoltersKluwerLR.com, follow us on Facebook, Twitter and LinkedIn.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170125006002/en/ |