- Fed: Current interest rate level to be the rate peak – Commerzbank
Noticias del mercado
27 julio 2023
Fed: Current interest rate level to be the rate peak – Commerzbank
The Fed decided to raise key interest rates by another 25 bps. Economists at Commerzbank see the peak in key rates as having been reached.
The Fed hikes another 25 bps
As expected, the Fed raised its key interest rates by 25 bps. The target range for Fed funds now stands at 5.25%-5.50%.
The Fed kept the option open for further interest rate hikes; anything else would also have been very surprising.
We expect weaker economic and inflation data in the coming months and therefore see the peak in key rates as having been reached.
Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir cuenta demo y página personal