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Hawkish Fed Forecast: Ferguson Predicts Two Rate Hikes, Boosting USD

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Former Fed Vice Chair Roger Ferguson predicts two interest rate hikes by early 2027, citing persistent inflation risks and a loss of Fed credibility.
  • This hawkish outlook contrasts with other market observers anticipating dovish guidance.
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AUDUSD price history

0.72 +9.09% over the displayed period

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