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USD: 3 reasons why this episode of peak Fed rates may be different - Credit Agricole

Credit Agricole CIB Research argues that this episode of Fed peak rates may actually result in USD strength."This week, the FOMC should draw the curtain on its tightening cycle after hiking one last time. While a peak Fed has historically heralded the start of periods of sustained USD underperformance, we think that the current episode may be different for several reasons:(1) the Fed should keep its rates stable as it tries to bring inflation under control and thus defy market expectations... Read More

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Posted: May 1 2023, 19:08

Author Name: forexlive

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