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Impact from Wednesday's FOMC on USD will likely be muted - BofA

Impact from Wednesday's FOMC on USD will likely be muted - BofA

Bank of America Global Research discusses the USD outlook around tomorrow's FOMC policy decision.

"With broad general expectations of a 50bp move from the Fed, the impact for the USD from the rate move itself will likely be muted. In particular, the rate hikes from the Federal Reserve that had been fueling USD upside over the past year are being matched at other central banks, such as the expectations that the European Central Bank and the Bank of England will also hike by 50bp thi... Read More

Posted: Dec 13 2022, 19:18
Author Name: forexlive
Views: 111618

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