Fed Unfiltered, Weekly Report: Monday Morning Reset (11/28/22)

FOMC – 50bps in Dec, and Maybe Rate Hikes thru May

• Making up for the slow holiday week, this week will bring three significant economic releases – GDP (2^nd Est) on Wed, Oct’s Core PCE on Thurs and Nov’s jobs report on Friday – also, this is the last week before the Fed’s blackout – expect a flurry of activity as the Fed attempts to reverse recent downward trends.
• 125bps in hikes = 50 in Dec; 25bps in Feb, Mar, May.