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Poll finds that 68 of 83 analysts expect a +25bp rate hike at the Fed's Jan/Feb meeting
Main points from the Reuters poll:
- Federal reserve to raise Fed funds rate by 25 basis points at the January/February meeting, said 68 of 83 economists; 15 said 50 basis points
- To raise Fed Funds rate to 4.75%-5.00% range by end of March, then pause
- Fed more likely to hold rates steady than cut them this year after reaching terminal rate, said 55 of 89 economists
Earlier re the Federal Reserve:
Posted: Jan 20 2023, 00:10
Author Name: forexlive
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