- Analytics
- News and Tools
- Market News
- Moody's: Fed to lift policy rate to 3.5-3.75% by year-end
Moody's: Fed to lift policy rate to 3.5-3.75% by year-end
In a recently published report, Moody’s Investors Service said that it expects the US Federal Reserve to take the policy rate to the range of 3.5-3.75% by the end of the year and above 4% by March 2023, as reported by Reuters.
Additional takeaways
"US and euro-area data confirm slowing economic momentum."
"US, euro-area interest-sensitive consumer, residential, business investment activity to continue to moderate over coming quarters."
"US real GDP growth of 2.1% expected this year and 1.3% in 2023."
"FOMC expected to continue with front-loaded rate increases in upcoming meetings."
"Periodic disruptions of gas supply from Russia will cause growth in the euro area to decelerate sharply."
"In the baseline scenario, euro area real GDP expected to grow 2.2% in 2022 and by 0.9% in 2023."
"Expecting ECB to embark on a hawkish monetary policy path over the course of its upcoming meetings in the euro area."
Market reaction
The EUR/USD pair showed no immediate reaction to this report and was last seen rising 0.55% on the day at 1.0274.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
