Fundamental: Data Alters Market's Expectations for Peak Policy Rate But Not Outlook for Fed Cuts

Surprisingly strong recent readings for U.S. employment and inflation have been notable for causing markets to rethink the path of U.S. Federal Reserve policy in some ways but not others. Following the latest economic data, the Fed's terminal policy rate implied by short-dated interest rate forwards increased to about 5.3%, a level expected to be reached in ...     Alert Feb 28, 2023, 5:40am Fundamental: Data Alters Market's Expectations for Peak Policy Rate But Not Outlook for Fed Cuts Surprisingly strong recent readings for U.S. employment and inflation have been notable for causing markets to rethink the path of U.S. Federal Reserve policy in some ways but not others. Following the latest economic data, the Fed's terminal policy rate implied by short-dated interest rate forwards increased to about 5.3%, a level expected to be reached in ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support