Citibank analysts expect the US Federal Reserve to raise interest by this rate!

© Archyde.com. Citibank analysts expect the US Federal Reserve to raise interest at this rate!

Arabictrader.com – Economists at Citibank have provided predictions about the outcome of the December meeting to be released on Wednesday, and strategists are looking forward to revealing how far final prices will rise.

In light of expectations, Citibank analysts suggested that the US Federal Reserve will raise the interest rate at its February meeting by 50 basis points, bringing the interest rate to 5.00%.

In this context, economists at the Canadian investment bank TDS presented yesterday, Monday, expectations about the US Federal Reserve’s policy during the new year, expecting that the minutes of the Federal Monetary Policy meeting will shed more light on the US Federal Reserve’s decisions for 2023.

Analysts of the Bank of Canada predicted that the Federal Reserve expected the final interest rate to rise significantly in 2023, and the US Federal Reserve is expected to raise the interest rate to 5.25-5.50% from the FOMC meeting in May.

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