So says the results of another Reuters poll published today 18 July
- another 25bps in Q1 2018
- 55 from 85 economists say the Fed will announce balance sheet normalization plan in Sept
- US GDP to grow annualised 2.7% in Q2 vs 3.0% in previous poll (June)
- core PCE inflation f/cast to average 1.5-1.6% each remaining quarter of 2017 vs 1.6-1.7% prev
Meanwhile USDJPY has moved up through 112.20 to post 112.32 with some yen selling notable again. GBPUSD 1.3102 and EURUSD 1.1518 with GBPJPY up to 147.20 and EURJPY 129.39
AUDUSD 0.7910 down from 0.7924 but AUDJPY 88.85 near session highs still.
