Market shrugs off FOMC. Another agenda now?
Saxo Market Call

Market shrugs off FOMC. Another agenda now?

2022-12-15
Today's slide deck: https://bit.ly/3Wh2MS2   -   Click here to open an account with Saxo   - Today we look at the FOMC waxing about as hawkish as one could expect with higher inflation and rate projections for next year, especially relative to market expectations. And yet, despite some churning, US yields and the US dollar reacted very modestly to the meeting. Still, this morning has seen some sudden USD strength and weak risk sentiment - could this be due to forward liquidity concerns rather than ...
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