The situation is quite grim globally. The US Federal Reserve is expected to hike rates at least 3 more times, in March, May and June. Also, there can be another rate hike in July. The imminent risk for the market currently is March 22 when the Fed will release its next policy and the dot plot shall come again.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend