Markets FOMC Minutes took centre stage yesterday and rightly so. They confirmed willingness from Fed governors to step up the tightening cycle. Many participants noted that one or more [half-percentage-point] increases in the target range could be appropriate at future meetings, particularly if inflation pressures remained elevated or intensified. Apart from the bigger rate hikes, […]

The post Fed’s Hasty Normalization Plans Have a Feeling of “Behind the Curve” Around Them appeared first on Action Forex.