S&P sees Fed following current path of 4 hikes in ’18, 3 in ’19

Below are the key highlights from the recently published report by the S&P assessing the U.S. economy, as reported by Reuters.

• S&P  boosts US W2 growth rate view to 3.9%, up 50bp.
• S&P sees US GDP growth at 3% in ’18, 2.5% in ’19.
• S&P sees the Fed following the current  path of 4 hikes in ’18, 3 in ’19.