RSS Weekly Focus – Hawkish Christmas Present from US Federal Reserve

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 RSS Weekly Focus – Hawkish Christmas Present from US Federal Reserve

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The tradition of central banks hosting meetings just before Christmas continued this year with policy decisions in the US, Japan, UK, Norway, and Sweden. The largest present came from the US Federal Reserve in the shape of a significant hawkish surprise. Fed cut the policy rate target by 25bp to 4.25-4.50% as expected, but Powell delivered […]

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