What to expect from the Federal Reserve? It was on Friday 21s | Forex Trading Experts 📊 HYCM

What to expect from the Federal Reserve?

It was on Friday 21st October that the first indication of a Fed slowdown in rate hikes started to become apparent. Fed’s Daly was the last Fed speaker before the Fed’s blackout period and he made it clear that the Fed may consider hiking by 50bps which was against the consensus of a 75bps expected. This dovish comment has allowed the USD to sell off, yields to drop, and stocks to rise alongside gold and silver. So, what are the current expectations for the next Fed meeting?

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