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Bank of America expect FOMC hold in November & a 'close call' December interest rate hike

Bank of America expect FOMC hold in November & a 'close call' December interest rate hike
Bank of America analysts are not entirely convinced of a December rate hike but say there will be no move in November. on hold at the October 31 / November 1 meetingwill hike by 25bp if the economic data holds up “We shift the last rate hike in our forecast out to December. We think the strong September data keep another hike in play. But it is a close call”“There are meaningful risks that the Fed will either delay the last hike into 2024 or not hike again"CME 'FedWatch' sees no hike in Novemb... Read More
Posted: Oct 24 2023, 02:05
Author Name: forexlive
Views: 082434

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