Via Reuters info:
- Barclays expects the U.S.
Federal Reserve to deliver a 25 basis point interest rate
increase in January 2024 - earlier had expected a rate hike in December 2023
Cited
- softer-than-expected October employment
data - dovish Fed commentary
“We continue to think the FOMC (Federal Open Market
Committee) will need to proceed with additional tightening and
will have to maintain a higher rate path than expected by the
market, with no rate cut prior to September 2024”
This article was written by Eamonn Sheridan at www.forexlive.com. Source