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Dollar Powered Up, Fed to Hike 50bps in May and 75bps in Jun?

Started by PocketOption, Apr 24, 2022, 08:30 am

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PocketOption

Dollar Powered Up, Fed to Hike 50bps in May and 75bps in Jun?

Speculations on aggressive Fed tightening intensified sharply last week after a chorus of hawkish comments from policy markets. Markets are indeed pricing in near 70% chance of federal funds rate at 1.50-1.75% by the end of first half, i.e., 125bps above current level. Stocks tumbled sharply towards the end, with DOW suffering the worst day […]


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