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Traders overwhelmingly expect 25 basis point February rate hike

Por: MarketWatch Business January 12, 2023

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“U.S. inflation shows price pressures are easing, yet in an environment of a strong jobs market, the Federal Reserve will be wary of calling the top in interest rates. A 25bp (basis point) hike in February is likely with a further 25bp in March. Inflation will slow even more meaningfully in 2Q though, with the prospects for 2H rate cuts looking strong as recession bites hard,” said James Knightley, chief international economist at ING, in a... + full article



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