Morgan Stanley says the end is near - forecast one more FOMC rate hike. May and done.<p>Morgan Stanley say they expect the final Federal Open Market Committee (FOMC) rate hike of this cycle at the Mayt meeting. </p><ul><li>driven by another strong payroll print and sticky inflation</li><li>Needless to say, a surge in bank funding pressures could alter that view</li></ul><p>---</p><p>The latest Fed balance sheet highlights are here, not indicating a surge in funding pressure as yet:</p><ul><li><a href="https://www.forexlive.com/centralbank/fed-discount-window-loans-fall-in-the-week-term-funding-fdic-bridge-loans-rose-20230323/" target="_blank" rel="follow" data-article-link="true">Fed discount window loans fall in the week, term funding & FDIC bridge loans rose</a></li></ul><p>---</p><p>Fed Funds:</p>
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Morgan Stanley says the end is near - forecast one more FOMC rate hike. May and done. (https://www.forexlive.com/centralbank/morgan-stanley-says-the-end-is-near-forecast-one-more-fomc-rate-hike-may-and-done-20230323/https://www.forexlive.com/centralbank/morgan-stanley-says-the-end-is-near-forecast-one-more-fomc-rate-hike-may-and-done-20230323/)
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