50bp hike next week has been well-communicated, focus will be on the path thereafter – Rabobank
The Federal Reserve, the Bank of England and the European Central Bank (ECB) will have their policy meetings next week. Market participants expect a 50 basis points rate hikes and to signal it will continue raising rates. Analysts at Rabobank, point out that a 50bp rate hike is all but a given for next week. […]
MUFG – bullish EUR, expecting +50bp ECB February rate hike, and most likely in March too
I posted earlier from MUFG: More from analysts at the bank, European Central Bank preview: We expect the ECB to deliver another 50bps hike at next week’s policy meeting and continue to signal that at least one more larger 50bps hike is likely at the March policy meeting. We only expect a slowdown in the […]
Westpac is forecasting a +50bp RBNZ rate hike in February
<p>WPAC forecasting a 50bp Reserve Bank of New Zealand rate hike at the February meeting (22nd)</p><p>(not RBA, WPAC tip +25bpfor RBA on February 7)</p><p>Follows the <a href="https://www.forexlive.com/terms/i/inflation/" class="terms__main-term" id="ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa" target="_blank">inflation</a> data from NZ earlier today:</p><p class="article-slot__title title top"><a href="https://www.forexlive.com/news/new-zealand-q4-inflation-14-qq-expected-13-72-yy-expected-71-20230124/" rel="follow" target="_self" class="article-link">New Zealand Q4 inflation 1.4% q/q (expected 1.3%) 7.2% y/y (expected 7.1%)</a></p><p class="article-slot__title title […]
ICYMI – Citi drops its call for 50bp at the Fed Jan/Feb meeting, now projecting +25bp
The consensus has shifted to a 25bp interest rate hike at the January 31/February 1 Federal Open Market Committee (FOMC) meeting. Earlier today I had this reflecting the ratchet downward: Citi (client note via CNBC, this report is not fresh, posting as a catch-up): “We are changing our call for the February FOMC meeting from […]