Inflation is running hot and the market expects the Fed to act. A couple months ago, the projections were for rate cuts. On May 8 ago the forecast was for the Fed to hold steady through March 2027. Now, hikes are priced in at a slow pace.
Inflation is running hot and the market expects the Fed to act. A couple months ago, the projections were for rate cuts. On May 8 ago the forecast was for the Fed to hold steady through March 2027. Now, hikes are priced in at a slow pace.