How to buy gold now $XAU
Citi: The Federal Reserve will raise rates in a
"conservative" manner next week
Citi Research expects the Federal Reserve to raise interest rates by 25 basis points to a range of 3.75%-4.00% at the Federal Open Market Committee meeting next week, describing the step as a "conservative hike." It said that strong recent inflation data provided enough support, albeit barely, for officials to tighten monetary policy, while key details point to a gradual decline in inflation rates.#
Citi noted that this keeps the door open to the possibility that the Fed will hold rates steady while waiting for more data, or that some officials may oppose the decision to raise rates.
#US2YearYieldRisesTo4.61% #US10YearTreasuryYieldNears5%
Citi: The Federal Reserve will raise rates in a
"conservative" manner next week
Citi Research expects the Federal Reserve to raise interest rates by 25 basis points to a range of 3.75%-4.00% at the Federal Open Market Committee meeting next week, describing the step as a "conservative hike." It said that strong recent inflation data provided enough support, albeit barely, for officials to tighten monetary policy, while key details point to a gradual decline in inflation rates.#
Citi noted that this keeps the door open to the possibility that the Fed will hold rates steady while waiting for more data, or that some officials may oppose the decision to raise rates.
#US2YearYieldRisesTo4.61% #US10YearTreasuryYieldNears5%
