Didier BOROWSKI, Andrea BRASILI, Monica DEFEND, Bastien DRUT, Roberta FORTES, Eric MIJOT, Tristan PERRIER, Lorenzo PORTELLI, Silvia DI SILVIO, Ibra WANE
Fixed Income and FX Strategy
The start of the monetary policy normalization by the Fed at the end of 2015 has led to an expectation about further rate hikes in 2016. After the market shaken up observed at the beginning of the year, the projections for the fed funds from FOMC members were revised downward for all the horizons but still the FOMC members expect two hikes whereas the markets expect only one.
Bastien DRUT, Roberta FORTES