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USA: Will interest rate continue to rise in 2018?

UC daily

The US dollar might rise this week based on positive economic data from the USA. The consumer-price index is expected to jump 0.2%. On Wednesday, the Federal Reserve is expected to increase at this week's meeting its benchmark interest rate at 1.5% from 1.25%. The US retail sales are expected to rise 0.5%, instead of 0.2% the previous month.On the other hand, the Swiss National Bank (SNB) might keep its interest rate unchanged at -0.75%. Therefore, there is a high probability that the USD/CHF currency pair rise this week.





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