Fed: The rate peak is in sight – Commerzbank
|The Federal Reserve raised its key interest rate corridor by 25 basis points to 4.50%-4.75%, as expected. In the view of economists at Commerzbank, the Fed is unlikely to do much more before it reaches its rate peak.
The Fed returns to "normal" rate hikes
“The Fed raised its key interest rates by 25 bps, as expected. The federal funds target corridor is now at 4.50% to 4.75%.”
“In the statement published after the meeting, the Fed did not indicate an imminent end to the rate hikes.”
“Fed Chair Powell emphasized that the US is only at the beginning of a disinflationary process. However, the Fed is probably not too far away from the rate peak.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.