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Thursday, February 23, 2023

Fundamental: Major forecasts: Peak rates not even in sight yet

Forex Factory
 
 
Alert Alert Feb 24, 2023, 2:50am
 
Fundamental: Major forecasts: Peak rates not even in sight yet
The resilient economy implies central banks will need to hike rates to ever higher levels. We see the Fed's benchmark approach 6% and the ECB's 4% later this year. Also longer yields have more upside potential, while EUR/USD may see a short-term dip. Only a few weeks ago, market pricing implied that the Fed was expected to be almost done hiking rates, while ...
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