FOMC Meets This Week, With Traders Betting Fed Funds Rate Will End 2023 At 3.63%, Vs Pre-SVB Expectations Of 5.38%
It is an FOMC week this week. Fed funds futures expect the one-year tightening cycle to terminate with a 25-basis-point hike this time; by June, the Fed is already expected to ease, with 2023 ending at 3.68 percent and 2024 … Continued