According to analysts at ANZ, markets are beginning to shift expectations for the US Federal Reserve.
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Previous guidance from the Fed has been for three more hikes in 2019, while the market is currently pricing in almost two more hikes. :p8 expects the Fed will raise rates in December then only once more in mid-2019.
market pricing has slid from the 80% probability priced in during mid-October to 67% priced in currently.:”Fed may be preparing market for significant shift in dot plots in December
Reported earlier: Fed may be preparing market for significant shift in dot plots in December.
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