US CPI responses - Nomura now forecasting a 1% FOMC interest rate hike (100bp)

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US CPI responses - Nomura now forecasting a 1% FOMC interest rate hike (100bp)

<p>Greg had the info posted in the wake of the high inflation report from the US on Tuesday:</p><ul><li><a href="https://www.forexlive.com/news/nomura-calls-for-100-basis-points-at-the-september-meeting-20220913/" target="_blank" data-article-link="true">Nomura calls for 100 basis points at the September meeting</a></li></ul><ul><li>Nomura has raised their assessment for the September meeting to a 100 basis point hike as a result of the higher than expected CPI data today. </li><li>They also raised their terminal rate in 2023 to 4.5% - 4.75%. </li></ul><p>Federal Open Market Committee (FOMC) meet on September 20 & 21.</p><p>---</p><p>I'm awaiting the leak of the 100bp rise to the Wall Street Journal ... you know what I'm talkin' about, right?</p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: US CPI responses - Nomura now forecasting a 1% FOMC interest rate hike (100bp)

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