FXStreet (Delhi) – Research Team at BBH, suggests that the data in the week ahead is unlikely to shake investors' confidence that the Fed will raise interest rates next month. Key Quotes “The Reuters survey found that following the jobs data 15 of 17 primary dealers (~88%) expect a December lift-off. A Wall Street Journal poll found 92% of business and academic economists expect a hike then as well. Many Fed officials that have spoken, including the leadership, have noted the resilience of the US economy. Moreover, due to recent inventory and trade figures, Q3 GDP is likely to be revised up, while the Atlanta Fed GDPNow is tracking 2.3% growth in Q4. The Federal Reserve will recognize that as a little above trend growth, which means it is consistent with further absorption of labor market slack.” “Minutes from last month's FOMC meeting will be released in the middle of the week. While offering some insight into the Fed's thinking about the downgrade of the global risks and the departure from the data dependence to specifically refer to "the next meeting", it is unlikely to alter opinions about the timing of lift-off.” For more information, read our latest forex news.