Free Trial
EQUITIES

EU Bank stock Vol trade

CZK

Koruna Steady Amid Thin Local Headline Flow

OIL POSITIONING

Oil Open Interest Steadies After Start of Year Rise

UK T-BILL AUCTION RESULTS

1/3/6-month UKTBs

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 Access

Fed Rate Path Near Unchanged Ahead Of Plentiful Fedspeak

STIR FUTURES
  • Fed Funds implied hikes sit little changed from yesterday’s close having marginally pulled back off recent highs.
  • 29.5bp for Mar (-0.5bp), cumulative 56bp for May, 77bp to 5.35% (+0.5bp) terminal in Jul before just 17bps of cuts to 5.18% in Dec (+1bp).
  • Fedspeak, in voting order: Governors Jefferson and Waller, ’24 voter Mester (chance of ’23 if Goolsbee gets VC nod) and non-voters Bullard and Collins. Only Bullard and Mester have spoken since the Jan CPI on Feb 14, with Jefferson most interest having last spoken mid-Nov (and limited on growth inclusivity) plus Collins last on Jan 19.


Source: Bloomberg

111 words

To read the full story

Why Subscribe to

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.
  • Fed Funds implied hikes sit little changed from yesterday’s close having marginally pulled back off recent highs.
  • 29.5bp for Mar (-0.5bp), cumulative 56bp for May, 77bp to 5.35% (+0.5bp) terminal in Jul before just 17bps of cuts to 5.18% in Dec (+1bp).
  • Fedspeak, in voting order: Governors Jefferson and Waller, ’24 voter Mester (chance of ’23 if Goolsbee gets VC nod) and non-voters Bullard and Collins. Only Bullard and Mester have spoken since the Jan CPI on Feb 14, with Jefferson most interest having last spoken mid-Nov (and limited on growth inclusivity) plus Collins last on Jan 19.


Source: Bloomberg