Last week’s FOMC meeting delivered a 25bp rate hike and a clear signal that balance sheet normalisation will begin in Q2. The surprise for us was the Committee’s decision to narrow their focus for policy to the inflation outlook, having previously taken a balanced view across inflation and activity. This decision comes at a time […]
The post FOMC to Lift Federal Funds Rate to Peak of 2.375% by End 2022; Slight Tweak to RBA Profile appeared first on Action Forex.
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