Fed Preview: Forecasts from 16 major banks, dialing down rate hike to 25 bps Fed InterestRate DollarIndex Macroeconomics Banks
The Fed is set to raise“We expect that the FOMC will raise the fed funds target by 25 bps and guide that further rate rises will be appropriate amid cautious optimism that inflation will subside sustainably. We also expect it will guard against relaxing the fight against inflation too early. Risk management of the cost-of-living crisis skews policy towards over, rather than under tightening. We are increasingly confident that inflation will subside.
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