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The September US Dollar Market Outlook

The September Euro Market Outlook, in response to the FOMC's large rate rise
22 September 2022
    Download the full reportPDF, 886.81KB

    Fed maintains focus on inflation with further 75bps interest rate hike

    • Fed increases policy interest rate by a further 75bps to 3.00%-3.25%, indicating their commitment to bringing inflation under control
    • FOMC median projections indicate 125bps in further rate hikes through the end of 2022
    • US Treasury yield curve further inverted as expectation of further short term rate hikes contrasts with longer term recession concerns