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February FOMC forecast of +25bp, then no change in March, citing slowing activity
Standard Chartered Federal Open Market Committee (FOMC) forecast for the first two meetings on 2023:
- We keep our forecast of 25bps in February
- followed by a pause (in March)
- This puts us 50bps below the FOMC median and about 25bps below the market
- We expect slowing activity to provide sufficient motivation to pause at the March FOMC meeting
Posted: Dec 15 2022, 00:06
Author Name: forexlive
Views: 102493