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Did The Federal Reserve Just Back Down? | Joseph Wang

Inflection Point

00:00

The Fed's Expectations for Interest Rates

The Fed indicated that the median expectation is that they will raise interest rates two more times. The odds of a hike in July are about 60%. So 60% chance another 25 basis point to 5.5% on the upper range, but a 40% chance that they stay where they are. I would not be surprised if the same dynamic played out here in the US and it actually already has.

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