Federal Open Market Committee (FOMC) preview and outlook further ahead ...Middle East

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Federal Open Market Committee (FOMC) preview and outlook further ahead
Bank of America analyst forecasts for the December Federal Open Market Committee (FOMC) meeting are in line with consensus:Fed to stay on hold and maintain the target range for the federal funds rate at 5.25-5.50%. to keep its balance sheet runoff policy in place. BoA says the hiking cycle is done but the FOMC won't shut the door on further hikes should they be necessary.More:Since the November meeting the bulk of incoming data has pointed to moderation in economic activity, disinflation, and a cooling labor market We think that this has increased the Fed's confidence that its current policy stance is appropriate and sufficiently restrictive. If so, upcoming Fed decisions will likely be more

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