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Federal Reserve: A rate cut already at the next meeting in March is unlikely – Commerzbank

 Federal Reserve: A rate cut already at the next meeting in March is unlikely – Commerzbank

The Federal Reserve (Fed) left the target vary for the fed funds unchanged at January’s meeting. A charge lower in March isn’t the presumably case, economists at Commerzbank say.

Fed indicators charge lower, but not but in March

As anticipated, the Fed has left its key ardour charges unchanged. The fed funds target vary thus stays at 5.25%-5.50%. On the different hand, the US central financial institution has changed its forward steerage and removed the reference to imaginable additional charge hikes. 

As an different, it is opening the door to charge cuts, even if it first desires to originate extra certain bet that inflation has with out a doubt been crushed. That talked about, a charge lower already at the subsequent meeting in March is unlikely.

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