Read AIB's latest Fed Watch report for December 2022...
Fed slows rate hikes to 50bps, but more to come in 2023
by AIB Treasury Economic Research Unit
After the US Federal Reserve had implemented four consecutive 75bps rate hikes since June, the December FOMC meeting saw it move back down to a 50bps rate increase. This brings the target range for the Fed funds rate to 4.25- 4.50%...