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Markets Skeptical Despite Fed’s Hawkish Hold; Yen Plunges; ECB Next

Markets Skeptical Despite Fed’s Hawkish Hold; Yen Plunges; ECB Next
Fed clearly delivered a hawkish hold overnight, signaling that two more rate hikes are underway. However, market participants appear skeptical about the Fed’s aggressive posture. According to Fed funds futures, markets are still projecting interest rate to peak at 5.25-5.00%, anticipating just one more 25-basis point rate hike in July. Moreover, there’s over 60% chance […] The post Markets Skeptical Despite Fed’s Hawkish Hold; Yen Plunges; ECB Next appeared first on Action Forex... Read More
Posted: Jun 15 2023, 07:20
Author Name: actionforex
Views: 092133

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