Bank analyst responses to the FOMC continue (lots of revisions to the 2019 path)

The Federal Open Market Committee hiked again today but the dots , statement and comments indicate a slower 2019 for hikes

Earlier post on the response from Goldman Sachs:

• Goldman Sachs on the FOMC Fed rate hike and new dots - a dovish surprise

And from BoAML

• BoA / ML change their call for the 2019 FOMC after today's result

Other banks responding, these in very brief:

BNP

• Fed hike today … "avoided the super-dovish scenario and you got what the market was expecting"
• BNP looking for another hike, Q1 data to remain good enough, this will support the USD

JP Morgan

• had been calling 4 hikes in 2019, now say there are growing risks to their March 2019 rate hike call

Morgan Stanley

• were already calling for just 2 hikes in 2019, say today confirms the call

RBC

• say the projections were more dovish, and this 'challenges' their 4 rate hike call for 2018 (one a quarter)