© Reuters. Citibank analysts expect the US Federal Reserve to raise interest at this rate!
Arabictrader.com – Citibank economists have provided forecasts of the outcome of their December meeting to be released on Wednesday, and strategists are eager to reveal how far final prices will rise.
In light of expectations, Citibank analysts have suggested that the US Federal Reserve will hike the interest rate at its February meeting by 50 basis points, bringing the interest rate to 5.00%.
Against this backdrop, economists at Canadian investment bank TDS presented expectations on US Federal Reserve policy into the new year on Monday, expecting the minutes of the federal monetary policy meeting to shed more light on the Federal Reserve’s decisions American for 2023 .
Bank of Canada analysts have forecast that the FOMC expects a significant hike in the final interest rate in 2023 and that the US Federal Reserve is expected to raise the interest rate to 5.25-5.50% since the May FOMC meeting.
