# Professors Richard Sylla and Paul Wachtel share their financial predictions for 2018

1 Faculty News December 18, 2017 ![WalletHub logo](/sites/default/files/styles/246w/public/assets/images/con_046689.jpg?itok=64YeKxvQ)>

Excerpt from [WalletHub](https://wallethub.com/blog/2018-financial-predictions/43349/#ask-the-experts) -- "Recessions tend to start after the Fed fights rising inflation by increasing interest rates. Interest rates are abnormally low now, so I see the Fed moving to normalize them at a faster pace in 2018. That could dim the economic outlook for 2019. ... \[The Federal Reserve Open Markets Committee will raise its target rate in 2018\] three times, and 2.25 percent."

[Read more](https://wallethub.com/blog/2018-financial-predictions/43349/#ask-the-experts)