It is not So Much about the Fed's hike Today but the Forward Guidance
Marc Chandler
November 02, 2022
Overview: A consolidative tone has emerged ahead of the outcome
of the FOMC meeting later today. The focus is not so much on the 75 bp rate
hike, but on its forward guidance. Many expect the Fed to signal it will return
to a 50 bp move next month, but we are not convinced that it will go beyond indicating
that 50 bp or 75 bp will be debated in Dec…
It is not So Much about the Fed's hike Today but the Forward Guidance
Reviewed by Marc Chandler
on
November 02, 2022
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