Will the Feds raise interest rates sooner than we think?

The economy generally improves along with the weather, and it’s safe to predict that Q2 will look stronger than Q1. January and February’s job numbers have been revised upward, and the March jobs report was better than expected, with no sign of slowing.

This has led some market observers to predict that the Federal Reserve will raise interest rates in 2019. Others are saying that the Fed was too dovish in its latest report – a swing from a stance that economists thought was too hawkish at the end of 2018.

Economist Jeffrey Cleveland told thestreet.com that if the economy holds up in the next six to nine months, he thinks the Fed will actually come back with another rate hike.

At the same time, even though the Fed has a reputation for being independent of political influence, it is facing mounting political pressure from President Trump to cut interest rates.

The one thing we know for sure is that interest rates won’t stay low forever.

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