Tags: inflation | federal reserve rate hike

Traders Boost Bets on Fed Rate-hike Slowdown Early Next Year

Traders Boost Bets on Fed Rate-hike Slowdown Early Next Year
Federal Reserve Chairman Jerome Powell (AP)

Tuesday, 13 December 2022 08:55 AM EST

Traders of futures tied to the Federal Reserve's policy rate boosted bets Tuesday that the U.S. central bank will notch down its interest-rate hike pace further early next year, after a government report showed inflation eased sharply in November.

Fed funds futures prices implied a better-than-even chance that the Fed will follow its expected half-point interest-rate hike this week with a smaller 25-basis-point rate hike in February, ultimately raising rates no higher than the 4.5%-4.75% range in its battle to beat inflation.

Before the inflation report, traders were betting on a second half-point hike in February.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
Traders of futures tied to the Federal Reserve's policy rate boosted bets Tuesday that the U.S. central bank will notch down its interest-rate hike pace further early next year, after a government report showed inflation eased sharply in November.
inflation, federal reserve rate hike
96
2022-55-13
Tuesday, 13 December 2022 08:55 AM
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