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The Federal Reserve heads into the blackout period tomorrow

The Federal Reserve has set the stage for a May 3 hike of 25 basis points. That's 90% priced in and Fed officials are likely comfortable with that, given the latest round of communication. Starting at midnight, they won't have a fresh opportunity to manager market expectations, unless it's via a leak.The blackout period will lead to a quieter market next week for USD traders but the focus will increasingly shift to the subsequent meeting, where a moderate chance of another hike is being priced i... Read More

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Federal

Reserve

Heads

Into

Blackout

Period

Tomorrow

Forex

Posted: Apr 21 2023, 14:48

Author Name: forexlive

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