Fed could be back-tracking on rate hikes by 2024Reuters is out with a report, looking at the slope of the eurodollar curve.
Market
pricing for the December 2023 eurodollar contract showed an implied
yield of 2.235%, which traders said can be a proxy for the federal funds
Source: Fed could be back-tracking on rate hikes by 2024 (https://www.forexlive.com/centralbank/fed-could-be-back-tracking-on-rate-hikes-by-2024-20220218/)
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