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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI US MARKETS ANALYSIS - NFP Followed by Ample Fedspeak
MNI US OPEN - Soft NFP Report Should Cement December Cut
MNI China Daily Summary: Friday, December 6
FED: "Instant Answers:" Fed Pauses But Indicates Two More 25BP Hikes
- Federal Funds Rate Range Maximum: 5.25%
- Does the FOMC change the phrase "in determining the extent to which additional policy firming may be appropriate"? NA. "Holding the target range steady at this meeting allows the Committee to assess additional information and its implications for monetary policy. In determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent over time, the Committee will..."
- If yes, does the FOMC remove the reference to additional firming? NO
- Does the FOMC refer to future "adjustments" in interest rates? NO
- Median Projection of Fed Funds Rate at End of 2023: 5.6%
- Median Projection of Fed Funds Rate at End of 2024: 4.6%
- Median Projection of Fed Funds Rate at End of 2025: 3.4%
- Median Longer Run Projection of Fed Funds Rate: 2.5%
- Number of 2023 dots > 5.125%: 16
- Number of 2023 dots > 5.375%: 12
- Number of dissenters favoring a looser rates policy: ZERO
- Number of dissenters favoring a tighter rates policy: ZERO
To read the full story
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Please enter your details below.
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.