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MNI Fed Preview - How To Communicate A Hawkish Hold

FED
  • The FOMC’s tightening cycle is likely to “skip” June’s meeting, with the Committee signaling that it currently expects to hike in July.
  • In an effort to maintain a hiking bias, the Statement’s forward rate guidance is likely to remain unchanged, with the updated economic projections showing that an additional rate hike is expected by year-end.
  • Click here for Full preview including summary of sell-side views

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