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.
MNI Fed Preview November 2022: Analyst Views
MNI Fed Preview November 2022: Analyst Views
EXECUTIVE SUMMARY:
Note to readers: MNI’s Fed Preview is now published in the week prior to the FOMC meeting, with sell-side analyst summaries published separately. MNI’s full Fed Preview is available here.
Sell-side analysts are unanimous in their expectation for a 75bp hike to 3.75-4.00% at the November FOMC, based on the 32 notes we read ahead of the meeting.
- Looking ahead to December’s decision, opinion is split: a plurality see a 50bp hike, but several (Barclays, BNP, UBS, Credit Suisse, Deutsche) see a fifth and final 75bp raise.
- The expected peak/ terminal rate varies from 4.25-4.50% (a further 50bp in total hikes after the November FOMC), to 5.00-5.25% (a further 125bp beyond November: Barclays, BNP, UBS). Most expectations are for a 4.75-5.00% terminal rate, however.
- The hiking cycle is seen concluding as early as Dec 2022, with most expecting February/March 2023 to mark the last hike.
FOR THE FULL PUBLICATION PLEASE USE THE FOLLOWING LINK:
FedPrevNov2022-AnalystViews.pdf
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