Fed's Barkin: We could potentially have a higher end-point on rates<ul><li>Jobs growth was about what I expected</li><li>Now real rates are positive so you could credibly say we have our foot on the brake</li></ul><p>There wasn't much revealing here. THe market is pricing in a 46% chance of a 50 bps cut next month with the remainder at 75 bps. The terminal top is priced for May at 5.11%.</p>
This article was written by Adam Button at forexlive.com.
Source: Fed's Barkin: We could potentially have a higher end-point on rates (https://forexlive.com/centralbank/feds-barkin-we-could-potentially-have-a-higher-end-point-on-rates-20221104/https://forexlive.com/centralbank/feds-barkin-we-could-potentially-have-a-higher-end-point-on-rates-20221104/)
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