FINSOC Weekly Wraps Vol. 26

Mar 4, 2023 Weekly Wraps

US Markets are set to increase their interest rates further into 2023.
Markets now view it as probably that the Fed Funds rate will reach 5.25% to 5.50% in 2023.
The Fed is now expected to hike rates at upcoming meetings in March, May and June according to interest rate futures.
This is largely due to the idea that despite being past peak inflation rates, certain prices will continue to rise, thus more work needs to be done.