US FOMC December 2023: Dovish Rate Forecast, Impact on Yen, and Stock Market
The results of the US Federal Open Market Committee (FOMC) held in December 2023 were unexpectedly dovish. The policy interest rate forecast for the end of 2024 is 4.6%, and a total of three rate cuts (0.75%) are expected in the same year. The 10-year OIS interest rate (the interest rate when exchanging the overnight … Read more