Fed rate rises, USD weakens

May 5, 2022 | Currency, Economy, Money Market

5.5.22. There was no surprise in the Fed’s 50bps hike, plans for further hikes, or plans for quantitative tightening, says BNZ Markets this morning. But the market has reacted to Chair Jerome Powell’s comment that seemed to rule out hike steps of 75bps, comments Jason Wong, senior market strategist. The US yield curve has […]

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Fed rate rises, USD weakens

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