April 26, 2023: Summary of the latest updates.
Violent shifts in the Fed’s expectations change the route of the markets. The markets no longer expect a rate hike next June, and on top of that, bets on a 25 basis point rate hike next May fell from 91% to 77%, with a 23% possibility to stop raising rates (compared to 10% yesterday). Markets … Continue reading April 26, 2023: Summary of the latest updates. →Read more
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