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Market Outlook for the Week of November 14-18
Last week the U.S. CPI data came below expectations suggesting the Fed might slow down the pace of tightening, but this doesn't mean the fight against inflation is over. There has to be a clear sign of inflation cooling down. The market now expects a 50bps rate hike in December.
SNB's Jordan said he is "prepared to take all measures" including selling FX, which he also mentioned in the past, but this time his tone was more convincing causing a market... Read More
Posted: Nov 14 2022, 10:44
Author Name: forexlive
Views: 110596