Markets Monday’s post-Powell bond market sell-off simply continued. A 50 bps rate hike (in May) apparently has become the preferred scenario not only for the hawkish wing within the Fed (Bullard, Bostic). Moderates (Mester/Daly) also voiced their support to step up the pace of policy normalization. A strong economy and unacceptably high inflation are building […]
The post A 50 bps Rate Hike (in May) Apparently Has Become the Preferred Scenario appeared first on Action Forex.
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