Free Trial

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

Pre-FOMC OIS Implying Just Under 200bp Hikes Left In This Cycle

STIR

With under a half hour before the decision, a quick run of Fed rate hike expectations to the "peak", as implied by OIS:

  • Nov (today): 75bp hike to 3.83%
  • Dec 2022: 136bp cumulative hikes to 4.44%
  • Feb 2023: 173bp cumulative hikes to 4.81%
  • Mar 2023: 190bp cumulative hikes to 4.97%
  • May 2023: 196bp cumulative hikes to 5.04% (the peak)

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.