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The final countdown to the FOMC decision begins
Some things to keep in mind ahead of the FOMC decision:
- It's at 2 pm ET, which is 7 pm in London
- This decision includes a new SEP (dot plot)
- Powell's press conference starts 30 mins after the decision is published
- The market is 97% priced for 50 bps
- The terminal top continues to come down with 4.81% seen today in May
- Year end 2023 is priced for 4.288% but that includes tail risks
There's been an ideological shift among economists... Read More
Posted: Dec 14 2022, 18:02
Author Name: forexlive
Views: 110927