Daily Report | 16 December 2022
The Fed expects a further FFR hike of above 5% in 2023, raising fears of a recession going further and lasting for a
The Fed expects a further FFR hike of above 5% in 2023, raising fears of a recession going further and lasting for a
The Hawkish period is longer in 2023. The FOMC Rate Decision results project that next year's FFR to end at 5.1%, 50 Bps
Petrol prices fell 2% MoM, putting pressure on US inflation, and Wall Street rallied, with the Nasdaq appreciating by
Wall Street rallied earlier in the week amid a wait for inflation and FFR data release. The Dow appreciated by 500
Cost of Service pushed producer-level inflation, and PPI Final Demand US in Nov. rose moderately to 0.3% (Vs. Surv.
Weekly jobless claims rose, pushing the number of unemployed to a 10-month-high and raising hopes that the FFR hike
Dovish expectations on the Fed, yet the data is not supportive enough. Although the probability is more than 90%, the
The Strong Dollar has pushed the US Trade Deficit more. Appreciation of the USD exchange rates as the FFR remains at a
The US Service sector is increasingly expansive, making the evaluation of FFR gains longer and pushing Wall Street to