Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
7 October 2022 | Other

Fed aims for 4.5%-4.75% interest rate by the beginning of 2023

S&P 500
GBPUSD
AUDUSD
EURUSD
USDJPY

As the Fed officials are concerned about the high growth rate of core inflation, given the rate of interest rate hike, the rate is expected to rise to 4.5-4.75% by the spring. That's according to the Federal Reserve Bank of Chicago CEO Charles Evans.

At Thursday's Illinois Chamber of Commerce meeting, Evans also noted the need to monitor core inflation, as it's what's causing most of the concerns among officials.

At the Fed's previous policy meeting in September, the interest rate was raised for the third time by 0.75 percentage points. Current rate is 3.25%. It’s expected that the rate could be increased by 1.25 percentage points before the end of the year.

Company MarketCheese

Recommended

European Union. Current Account. The value of the indicator has decreased from 40.4B to 24.9B
1 hour ago
European Union. Trade Balance. The value of the indicator has increased from -1B to 11.5B
1 hour ago
United States. Industrial Production (YoY). The value of the indicator has decreased from 1.23% to 0.74%
Yesterday at 1:23 PM
United States. Industrial Production (MoM). The value of the indicator has decreased from 0.7% to -0.5%
Yesterday at 1:23 PM
European Union. CPI (MoM). The value of the indicator has increased from 1.2% to 1.3%
Yesterday at 9:01 AM
Top news
European Union. Trade Balance. The value of the indicator has increased from -1B to 11.5B
1 hour ago
European Union. CPI (MoM). The value of the indicator has increased from 1.2% to 1.3%
Yesterday at 9:01 AM
United States. PCE price index (YoY). The value of the indicator remained at the same level of 2.8%
9 April
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 3.1% to 3%
9 April
United States. GDP (QoQ). The value of the indicator has decreased from 0.7% to 0.5%
9 April
All news

Forecasts

Brent buy
Period: 30.04.2026 Expectation: 400 pips
Investing in Brent crude upon breaking above $101 per barrel
Indicators and reports FA Other Chart analysis Hot news
Today at 11:09 AM 12
Sinclair_John
USDCAD sell
Period: 24.04.2026 Expectation: 680 pips
USDCAD hits new three-week low amid weaker demand for dollar
Technical analysis TA Other FA Other Indicators Fundamental analysis
Today at 10:28 AM 12
Lyra_Moonwell1
GBPUSD sell
Period: 30.06.2026 Expectation: 5200 pips
Selling GBPUSD down to 1.30000
Indicators and reports FA Other Chart analysis Hot news
Today at 07:02 AM 14
Reed_Marcus
AUDCAD sell
Period: 24.04.2026 Expectation: 1050 pips
AUDCAD drops due to rising stagflation risks in Australia
Technical analysis Indicators and reports Indicators Hot news Fundamental analysis
Today at 06:56 AM 14
Emily_Foster
USDJPY buy
Period: 30.04.2026 Expectation: 1100 pips
Investing in USDJPY with 160.00 in view
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 11:18 AM 41
Reed_Marcus
Gold sell
Period: 23.04.2026 Expectation: 20000 pips
Selling gold with $4,630 in sight amid monthly highs and declining volatility
Technical analysis TA Other FA Other Indicators Fundamental analysis
Yesterday at 10:28 AM 56
Lyra_Moonwell1
Go to forecasts