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FXTM Predicts Fed Minutes And “Higher For Longer” Rate

In a bid to alleviate investors’ fear, ForexTime (FXTM) has released an article predicting Fed Minutes and "higher for longer" rates ahead of the financial market.

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UpdatedMar 6, 2023
2 mins read

In a bid to alleviate investors’ fear, ForexTime (FXTM) has released an article predicting Fed Minutes and "higher for longer" rates ahead of the financial market.

Details of FXTM's Fed Minutes and "Higher For Longer" Rate Predictions

On 21st February 2023, FXTM posted an article on its website to discuss the current state of the financial markets and make predictions for future market events. The report was addressed to all financial market players with full projections of Fed Minutes and "Higher For Longer" rates.

The article analyzed trading events in previous weeks and suggested that more investors traded Asian shares and US and European futures. The article also affirmed the prediction of High-Frequency Economics' Rubeela Farooqi and John Silvia that "the Fed planned to keep rates higher for longer, while the markets continue to push back, hoping for softer policy."

The article further revealed that the market has been recording lower trading rates as we draw closer to reopening the US markets. According to FXTM, "this sense of unease and growing uncertainty may drag equity markets lower" in the coming week.

FXTM hinted that the strong US economic statistics since February and a sticky inflation report imply increased expectations for the Fed to remain hawkish. As a result, it is anticipated that the Fed will increase interest rates by 25bp0s in March, with the Fed funds rate peaking in summer at 5.3%.

The broker also reviewed the 50bps increased interest rates. Based on its reviewed statistics, the broker predicted a further 25bp hike and the propensity of the Reserve Bank of Australia (RBA) hawk to maintain its position of influence. 

About FXTM 

Founded in 2011, ForexTime (FXTM) is a renowned Forex and CFD broker. The broker is licensed and regulated globally by the Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Services Commission (FSC) in Mauritius. 

FXTM has a global network across 180 countries with offices across Europe, Africa, Asia, and Latin America. FXTM is committed to providing top-notch financial services to its clientele. Irrespective of its client's locations and expertise, FXTM offers them quality trading services on its MT4 and MT5 mobile, desktop, and web platforms. 

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