Risk-on Fed themes, US Dollar at a crossroads ahead of the red news and next week's Fed Fed DollarIndex CentralBanks
or 50 bps as it did in December after four straight 75 bps increases. We have entered the Federal Reserve blackout period while the market is eagerly pricing in another step down in its tightening policy.
''They could begin deliberating at the Jan. 31-Feb. 1 gathering how much more softening in labour demand, spending and inflation they would need to see before pausing rate rises this spring.''officials have said slowing the pace of rate increases to a more traditional quarter percentage point would give them more time to assess the impact of their increases so far as they determine where to stop,'' the article continued.
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