Market Prices in More Aggressive Fed AND is more Confident of Rate Cuts by the End 2023
Marc Chandler
July 14, 2022
Overview: The higher-than-expected
US CPI and the strong expectation of a 100 bp hike by the Fed in two weeks is
propelling the dollar higher. It jumped to almost JPY139.40 and the euro is off more than a cent
from yesterday's high (though holding above parity). Even where there has been
favorable economic news, like the strong jobs report in …
Market Prices in More Aggressive Fed AND is more Confident of Rate Cuts by the End 2023
Reviewed by Marc Chandler
on
July 14, 2022
Rating:
