US Fed Policy: 50 basis points hike is priced-in; guidance on GDP, unemployment, terminal rate to hold key, says expert Ajay Bagga
Federal Open Market Committee (FOMC) of the Federal Reserve will begin on Tuesday, 13 December where the US Central Bank is expected to raise interest rates by 50 bps. Market expert Ajay Bagga in chat with Zee Business Managing Editor Anil Singhvi said that the markets have priced in the impact of the interest rate hike
The two-day meeting will be followed by a monetary policy speech by Chair Jerome Powell and a press conference