Fed Unfiltered, Weekly Report: Monday Morning Reset (1/2/23)

Overview

The next FOMC meeting will be Jan 31/Feb 1 – a 25bps hike is expected – between now and then, four major economic reports will post – Dec’s Jobs, CPI, PCE and Q4’s GDP – unless there’s a dramatic change in inflation, the Fed will likely continue on the current rate hike path leading to a terminal rate of 5.00% or 5.25%.