Fed to hike rates by 25bps in Q2 say economists

• Fed to hike by 25bps in Q2 and again in Q4
• US GDP to to average 2.3% in 2017 & 2.4% in 2018 (prior poll 2.3% & 2.3%)
• Q4 2016 GDP forecast at 2.2%, Q1 2017 2.1%, Q2 2.4%, Q3 2.5% (prior 2.2%, 2.1%, 2.3% & 2.3%)
• Core CPI forecast 1.8% 2017, 2.0% 2018 (unch vs prior)
• Trump protectionist policy is the biggest risk to the US economy in 2017
• 40/48 economists said now was not the right time for aggressive tax cuts