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Fed to hike 25bps; the bar is high to flip the status quo for USD - TD
TD Research discusses its expectations for next week's FOMC policy meeting.
"We expect a 25bp rate hike at next week's FOMC meeting taking the Fed funds target range to 4.50%-4.75%, and raising the IOER and RRP rates to 4.65% and 4.55%, respectively. The move would be the second consecutive downshift in hiking pace by the Fed. Despite this, we expect that post-meeting communication to emphasize that the Fed is not done yet in terms of further tightening of its policy stance, and s... Read More
Posted: Jan 27 2023, 18:02
Author Name: forexlive
Views: 102418
