Fed is widely expected to raise interest rate by 75bps again today, to 3.75-4.00%. The main question is whether Chair Jerome Powell would signal that tightening pace is going to slow afterwards. Currently, there are some expectations that Fed would opt for a smaller hike of 50bps in December, then a 25bps hike in February, […]

The post Fed to hike 75bps, would Powell indicate slower tightening ahead? appeared first on Action Forex.