ts. Therefore, the US Dollar is set to move downward, Stéfane Marion, Chief Economist and Strategist at the National Bank of Canada, reports.“In its last dot plot of 2022, the FOMC was even more hawkish than just three months ago with the committee now seeing more rate hikes in 2023 with no rate cuts before 2024. But the“Following Chairman Powell's press conference, the two-year Treasury yield fell below the federal funds rate for the first time in this tightening cycle.
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