Deutsche's Goel: FOMC FOMC dot plot to shift upwards - Bloomberg

Sameer Goel, Deutsche Bank's chief Asia macro strategist, spoke with Bloomberg TV earlier today.

Key highlights

Goel stated that the Fed meeting later today will likely add a fourth interest rate hike this year instead of the previously expected three, but Goel also spread his bets, stating that it would be a close call. Goel is in-line with Deutsche's overall call for four hikes this year with more next year, on the grounds that new Fed chair Powell is likely to cite the potential for the US economy to overheat as justification for the pace of rate hikes. Goel also sees a weak dollar over the year with 10-year Treasury yields hitting 3.25%.