Traders Raise Fed Rate Hike Bets to Mid-2027, Derivatives Show 21bp Increase on May 12

According to Bloomberg, traders raised bets on Federal Reserve rate hikes by mid-2027 on May 12, with derivatives reflecting a 21 basis-point increase before the June 2027 meeting, down from 24 basis points previously. Lindsey Piegza, chief economist at Stifel, said discussions about a new round of rate hikes may be approaching, but first the Fed would likely remove dovish language from its statement and reaffirm its cautious stance.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments