Crypto news: In a report, Mabrouk Chetouane, Global Markets Strategy Head at natixis investment management, said that Federal Reserve Chair Waller is unlikely to challenge the current consensus at his second monetary policy committee meeting. He noted that Waller will not give in to the temptation of a 25-basis-point rate hike, although at this stage it is almost impossible to bring inflation back to the target level by year-end. In addition, Waller would not want to risk disrupting the labor market’s slow but steady improvement trend by tightening monetary conditions—this trend has already lasted for several weeks. Analysts generally expect the Federal Reserve to hold steady on Wednesday, but the money markets reflect a 38% probability of a rate hike.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned