Fed Preview: Dovish Forward Guidance Not Enough To Save the Market

Sponsored
Sponsored
Though markets are predominantly pricing in a slowdown in rate hikes in December after an expected 75 basis point increase on Wednesday, traders shouldn’t hold their breath for a soft landing, according to analysts.  Investors seem confident the Federal Reserve is poised to continue rate hikes this week. Futures markets were pricing in an 87.5% chance of a 75 basis point bump Tuesday afternoon in New York as the Federal Open Market Committee kicked off its two-day policy meeting, according to CME Group data. Just a month ago, markets were split, with 43.5% anticipating a 50 basis point increase and 56.5%

Go to Source
Author: coinmaker

kryptonew

Share
Published by
kryptonew

Recent Posts

Ripple Closes to $1B Revenue as $63T BNY Adds XRP Custody

Ripple, the company behind XRP, is approaching a $1 billion annualized revenue run rate as…

12 seconds ago

Canton Network and DTCC Bring $30T in Securities to Blockchain

Canton Network and DTCC are bringing Wall Street closer to blockchain, with $30 trillion in…

6 hours ago

Bitwise Raises Bitcoin Price Target to $1.6 Million as Institutional Demand Grows

Bitcoin could reach $1.6 million by 2036, according to Bitwise latest forecast. The asset manager…

6 hours ago

Bitcoin Price Faces $11B Options Expiry After FOMC Uncertainty Clears

Bitcoin price faces another major test on October 30, when $11 billion in options contracts…

6 hours ago

Sony Sonenium Incubation Program Targets PlayStation Games and Anime

Sony has launched a new Soneium incubation program targeting blockchain-powered entertainment, including PlayStation games, anime,…

9 hours ago

Perplexity AI Predicts Somnia Crypto Is About to Explode

Perplexity AI predicts a significant development for Somnia crypto by January 1, 2027. Since September,…

12 hours ago

This website uses cookies.

Read More