| How Will The USD React? |
Since, the last Interest rate hike on 19th December, last year. Future rate hikes have been downplayed with the Fed’s Chair. Jerome Powell, declaring a “patient” approach for upcoming hikes. Or Quantitative tightening.This report is prepared by the Office for National Statistics.
Usually 10 working days after the new month begins. Meaning the report due, is actually for the month of Febuarary.
Market participants have been led to believe, that the Feds may stick to current rates of 2.50% to avoid over-heating the economy, however, Traders and Investors will tune in to the Federal Reserve for insights to the decision.
Currently, only 2.8% believe there could be a rate hike. Meaning, should the Fed decide to surprise the Market with another rate hike, most will be caught unprepared. Markets will be tuned in, to get to understand how to strategize ahead. |
| Take advantage of this report! |
|
|
|
|
|
| |
|
|
