Good MornING Asia - 3 May 2018

Nothing in the FOMC statement suggests that rates will not be raised further in coming quarters, or that inflation will be allowed to run hot

By Robert Carnell

Nothing in the FOMC statement suggests that rates will not be raised further in coming quarters, or that inflation will be allowed to run hot

The gradual rise of inflation in April is unlikely to alter the central bank's view that a rate hike is needed to support the currency