Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
STIR FUTURES
- Hike expectations are little changed from yesterday, especially over the immediate meetings with 45bps for May and 88bps for June in FOMC-dated Fed Funds futures.
- Dec’22 has firmed from overnight but at 215bps is in the middle of yesterday’s range.
- Fedspeak: Brainard (voter), Daly (2024) and Williams (voter) all speak today. Set to be Vice Chair when eventually confirmed by the Senate, Brainard speaks in a moderated discussion on the unequal impacts of inflation, with text and moderated Q&A.
- Her last comments from Feb 18 are now stale but noted that she believed it appropriate to begin a series of rate hikes in March with b/s runoff starting in the next few FOMC meetings.
FOMC-dated Fed Funds futures implied cumulative hikesSource: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok