There is a potential dovish shift on the FOMC this year – BBH – by eren_fxstreet Fed CentralBanks Banks
"At the December meeting, the Fed downshifted to 50 bp hike. However, Chair Powell delivered a very hawkish message at his press conference and so the minutes should help fill in the picture. We continue to believe markets are underestimating the Fed. WIRP suggests a 25 bp hike February 1 is fully priced in, with over 30% odds of a larger 50 bp move.
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