Fed seen likely to raise policy rate above 5.5% by September
Traduzione effettuata da Deepl pro
Traders of futures tied to the Federal Reserve's policy rate added to bets on Wednesday that the U.S. central bank will raise its benchmark rate to a range of 5.5%-5.75% by September, as a widely-followed report signaled some upward price pressures in manufacturing last month.
The rate-futures contracts currently are pricing in a high likelihood of interest-rate hikes at each of the Fed's next several meetings, and a receding chance of any rate cuts later this year.
The fed funds rate is currently 4.5%.4.75%
Source : [Fed seen likely to raise policy rate above 5.5% by September](www.investing.com/news/economy/fed-seen-likely-to-raise-policy-rate-above-55-by-september-3019160) by Reuters - Economy News by Reuters / March 01, 2023
