Federal Reserve policymakers decided to hold a key interest rate steady at between 1 percent and 1.25 percent in the begining of November. However this has increased the expectation of interest hike with strong demand supply and employment increase.
Now coming to meeting in December, strong hiring figures during November and early December leaves forces FED to increase the intererst.
But what is more important tto watch would be the road map for 2018. Analysts expect 3 interest rate hike during 2018 but alsmost everyone agrees at minimum 1 would take place.
It is likely that the EM (Emerging Market) Central Banks would be forced to increase the interest rate. Turkish Central Bank may opt increasing the interest rate or at least late liquidity rate. Where as Brazil Central Bank and Indian Central Bak might opt chosing reducing even more since the consumer prices do not increase as expected.
FED steadily increase intends to control the domestic market growth as well as collecting the printed dollars during 2009 crisis or at least add value to those surplus steadily globally.
