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

Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -38.9K to -46.8K
Yesterday at 7:30 PM
United States. CFTC S&P 500 speculative net positions. The value of the indicator has decreased from -100.5K to -133.2K
Yesterday at 7:30 PM
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has decreased from -58.7K to -82.6K
Yesterday at 7:30 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has decreased from 120.4K to 72K
Yesterday at 7:30 PM
European Union. CFTC EUR speculative positions. The value of the indicator has decreased from -27K to -52.3K
Yesterday at 7:30 PM
Top news
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
24 September
European Union. Manufacturing PMI. The value of the indicator remained at the same level of 52.7
23 September
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
22 September
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 1% to 1.25%
18 September
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
17 September
All news

Forecasts

EURUSD sell
Period: 31.10.2026 Expectation: 1700 pips
Selling EURUSD on fundamentally strong dollar
FA Other TA Other
Yesterday at 10:00 AM 19
Bruce_Powers
Gold sell
Period: 31.10.2026 Expectation: 4000 pips
Go short on gold with $4,300 in mind
FA Other TA Other
24 September 2026 37
Bruce_Powers
Brent buy
Period: 31.10.2026 Expectation: 100 pips
Buy Brent crude upon breaking $104.60
FA Other TA Other
24 September 2026 33
Bruce_Powers
GBPUSD sell
Period: 02.11.2026 Expectation: 1700 pips
GBPUSD sell-off targets 1.3200
FA Other TA Other
22 September 2026 46
Bruce_Powers
AUDCAD buy
Period: 31.10.2026 Expectation: 300 pips
Buying AUDCAD with 1.0000 in sight
FA Other TA Other
21 September 2026 50
Bruce_Powers
USDJPY buy
Period: 31.10.2026 Expectation: 700 pips
Invest in USDJPY up to 157.70
FA Other TA Other
21 September 2026 44
McCarthy_Raymond
Go to forecasts