January 23, 2023
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1:06Now PlayingAfter a year of aggressive monetary tightening, markets are eagerly anticipating the first sign of a dovish pivot by the Federal Reserve. Although Fed policymakers are widely expected to make a further increase to their benchmark rate in March, futures markets are ratcheting up the probability of a rate cut by the end of 2023. How close is the Fed to its peak rate, and what factors will dictate any loosening of monetary policy? Presented by @cmegroup
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