Brace for a More Aggressive Fed: Adding More Monetary Tightening to Our Forecast

Summary The FOMC made it crystal clear on Wednesday that rate hikes are imminent, and Chair Powell embraced a hawkish tone in his post-meeting press conference. In that regard, Powell left open the possibility of sequential rate hikes. We now think it is likely that the Committee will hike rates by 25 bps at the […]

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