We now expect the Fed funds rate to peak at a higher level, but still think rate cuts are likely by year-end. The European Central Bank is likely to slow the pace of hikes beyond March, while the Bank of England looks very close to the end of its tightening cycle. Federal Reserve: Having implemented four consecutive 75bp rate hikes, the Federal Reserve ...
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Mar 3, 2023, 6:41am
Fundamental: Our latest major central bank calls
We now expect the Fed funds rate to peak at a higher level, but still think rate cuts are likely by year-end. The European Central Bank is likely to slow the pace of hikes beyond March, while the Bank of England looks very close to the end of its tightening cycle. Federal Reserve: Having implemented four consecutive 75bp rate hikes, the Federal Reserve ...
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