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A look at the Fed pricing ahead of Jackson Hole later today

And arguably rightly so. Given the data that we have seen in the past few weeks, there is no imminent suggestion that another rate hike is needed. But considering the robustness of the US economy, we have seen firmer pricing down the road in terms of the rate path i.e. a less dovish one:The odds of a 25 bps rate hike for September are only at ~20% currently and if the Fed wants to try to lead markets to change that, they still have time. But so far, the data is not really compelling them to and... Read More

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Posted: Aug 25 2023, 08:19

Author Name: forexlive

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