Moody's expected interest-rate hike from the Fed another 2 or 3 times by year-end

In a report agency Moody's says that the increase in interest rates in March by the Federal Reserve confirms that the financial representatives of the United States firmly focused on the course of monetary tightening in the country, analysts say.
After increasing interest rates in March, as was forecasted by Moody's, interest this year will be increased twice or even three times. The target range of increasing of the federal funds rate is 1.5-1.75%.
Moody's also revised upwards its forecast for US economic growth. Compared with the previous forecast of GDP growth of 2.2% in 2017 and 2.1 percent in 2018, the Agency now predicts an increase in US GDP by 2.4% this year and 2.5 percent next year.