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.
FED
The hawkish shift from the FOMC continued over the Dec-Jan intermeeting period, with participants spelling out expectations for rate hikes and balance sheet reduction in 2022.
- At least 9 participants indicated March as a potential Fed funds “liftoff” date, ranging from the dovish to the hawkish end of the spectrum: Brainard, Daly, Evans, Harker, Barkin, Mester, Bostic, Waller, and Bullard. None pushed heavily against the prospect of a March hike.
- Several participants have expressed a desire to have a faster pace of balance sheet runoff than in the previous cycle. This again includes perceived doves as well as hawks: Daly, Evans, Mester, Bostic, and Bullard. Consensus on the start of runoff is a little more mixed though.
- As for Wednesday's decision, take note: The ranks of voters will be thinner than usual due to Board vacancies, with just 9: Powell, Brainard, Bowman, Waller, Williams, Mester, Bullard, George, Harker [expected to be voting in place of the Boston Interim President until a full-time replacement is made].
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