Barclays forecast an Federal Open Market Committee (FOMC) January rate hike (Dec prior) ...Middle East

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 2023Cited softer-than-expected October employment datadovish 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.

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