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The market takes a more-hawkish Waller in stride

It's an odd time for a Fed speech to cross so I wonder if the market is slow to pick up on the comments from Waller.

"Recent data indicate we haven't made as much progress as thought," he said and that the Fed may need to hike above the 'central tendency' of 5.1-5.4% in the dot plot.

There market is currently pricing a top at 5.44% so some chance of going to a 5.50-5.75% range is already baked in but these are certainly the strongest nod to it yet. Waller though did argue that th... Read More

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Market

Takes

Hawkish

Waller

Stride

More hawkish

Forex

Posted: Mar 2 2023, 21:13

Author Name: forexlive

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