Eurizon Weekly 25 Sep. 2023. The outcome of the Fed’s policy meeting was at the heart of market dynamics: although the Fed lived up to expectations by leaving interest rates unchanged, at the same time it announced that a further hike could be necessary in 2023, depending on the trend of inflation, and confirmed its intention to consolidate the present level of fed funds rates for several months, in waiting for macro conditions to offer clearer evidence of a slowdown. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer.
Audio recorded on 25 Sep. 2023.