Macro - Weekly Briefings - US
Rising and broadening inflation pressures are pushing Fed Chair Pro Tempore Powell and his fellow FOMC members into a more hawkish stance. With inflation set to run even hotter than current readings, policymakers have a difficult job before them as they try to bring down prices and avoid a hard landing. We forecast 150bps more in Fed rate hikes this year and for balance sheet reduction to start in May, but we don't rule out the possibility of a 50bps hike at any meeting as the Fed is eager to decisively restrain inflation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook