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Timiraos: Higher wages could lead officials to consider going above 5% next year
- Fed has signaled plans to raise rates by 5% next week
- Higher wages could lead them to continuing hiking to higher levels than are priced in
- Notes Dec 13 CPI as key, could lead to another 50 bps hike in Feb
- Landing zone for dot plot could be between 4.75-5.25%
- Full article
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Posted: Dec 5 2022, 15:54
Author Name: forexlive
Views: 102427