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How does the Fed pricing look now?
If the narrative is to keep rates higher for longer, then the US economy is certainly doing its part in helping the Fed achieve that. The non-farm payrolls and consumer inflation reports have served to validate the notion that perhaps we don't need any more rate hikes. But the retail sales data yesterday reaffirmed that if the Fed so chooses to stick with higher rates, the US consumer is certainly okay with that - at least for now.As things stand, the Fed funds futures curve is still not showing...
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Posted: Aug 16 2023, 04:12
Author Name: forexlive
Views: 112584