|
Weekly Market Brief: Losing the (dot) plot
- This weeks move in US rates and the dollar highlight a growing divergence between the Fed and Market amid signs of division on the rate -setting FOMC
- Amidst the uncertainty, markets have moved materially ahead of the Feds current dots, pricing in a Fed funds rate at 3.1% by end 2026 compared to an FOMC median projection of 3.6%
- While markets are focused on downside risks for the dollar, it is also worth nothing the upsides.
|
|
