Bank of Montreal (BMO) on the Federal Open Market Committee, what the committee will be looking at in 2019 when approaching a decision on halting the 25bp per quarter pace of rate hikes

  • Fed will attempt to craft a soft landing

Four base cases for triggering the Fed to hold

  1. Inflation slips under 2%
  2. US Treasury yield curve inverts
  3. Conditions in financial markets tighten too fast
  4. the outlook for the real economy deteriorates more significantly