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Friday, March 3, 2023

Fundamental: US: Smoke, mirrors and uncertainty by the truckload

Forex Factory
 
 
Alert Alert Mar 3, 2023, 9:05am
 
Fundamental: US: Smoke, mirrors and uncertainty by the truckload
Firm numbers for the start of the year have led the market to embrace a higher-for-longer narrative for interest rates. The Federal Reserve is indeed set to raise interest rates more than we expected, but higher borrowing costs in an environment of tightening lending standards and weak sentiment runs the risk of a bad reaction down the line. A higher ...
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