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Traders boost odds of 50-basis-point-rate hike in February and 5%-plus fed funds rate by March

Traders raised the likelihood of a half-percentage-point February rate hike by the Federal Reserve on Thursday, after Kansas City Fed President Esther George told CNBC she sees rates above 5% for some time. The chances of a 50-basis-point February hike were seen at 43%, up from 30% a day ago. Meanwhile, fed funds futures traders […] The post Traders boost odds of 50-basis-point-rate hike in February and 5%-plus fed funds rate by March appeared first on ForexTV... Read More
Posted: Jan 5 2023, 14:31
Author Name: forextv
Views: 102188

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