简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Fed seen raising rates to 5.1%, with even odds of going higher
Abstract：(Reuters) – Traders of futures tied to the Federal Reserves policy rate stuck to bets on Tuesday that the U.S. central bank will raise interest rates at least twice more after inflation was reported to have accelerated in January, but notched its smallest annual increase in
(Reuters) – Traders of futures tied to the Federal Reserves policy rate stuck to bets on Tuesday that the U.S. central bank will raise interest rates at least twice more after inflation was reported to have accelerated in January, but notched its smallest annual increase in more than a year.
Fed funds futures swung lower, then higher, and then back again after the Labor Department reported the consumer price index rose 6.4% last month from a year earlier, far above the Fed‘s 2% target but a step down from last year’s blistering pace.
The futures contracts pricing shows traders are betting heavily that the Fed will raise rates a quarter of a percent at its meetings in March and in May, and see about an even chance of a further increase in June or July.
The current target range is 4.5%-4.75%.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
WikiFX Broker
Latest News
Hackers Charged for $11M Crypto Theft Using SIM-Swaps
WikiFXRole of Central Banks in the FX Market
WikiFXFCA Alerts Against Sydney FX
WikiFXWhat Makes Cross-Border Payments Easier Than Ever?
WikiFXTrader Exposes Unethical Practices by STP Trading
WikiFXBitcoin Nears $100,000: A Triumph of Optimism or a Warning Sign?
WikiFXMalaysian Man Loses RM113,000 in Foreign Currency Investment Scam
WikiFXMastercard Partners with JPMorgan for B2B Cross-Border Payments
WikiFXFCA Identifies Clone Firm Exploiting Admiral Markets' Credibility
WikiFXCoinbase Under Scrutiny Amid Wrapped Bitcoin Delisting Controversy
WikiFXCurrency Calculator
