Welcome to a new trading after SVB collapse which can be the main reason why FED may not go for 50bp increase, so it can stay with 25bp or even no hike!? A lot may depend on tomorrow’s US CPI data. However, these are going to be some challenging times for the FED if suddenly inflation in US will come again higher; then FED will be trapped between “need hikes” to bring inflation lower, and between “bank-financial crisis/recession”.
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Webinar recording Monday Mar 13 2023