US Federal
A group of analysts at Commerzbank explained that US Federal May slow rate hike at this week’s meeting; As a result of the continued decline in inflationary pressures.
It is possible that the US Federal Bank will raise interest rates by 50 basis points, supported by the positive US inflation data that was released earlier in the day, as the data revealed that the US inflation rate rose by 0.1% per month, noting that market expectations suggested that the index would grow by 0.3%, in While the previous reading had recorded a growth of 0.4%.
The bank’s economists confirmed that the US Federal Reserve may decide to reduce the rate of interest rate hikes once more early next year. It is likely that the US Federal Reserve will cut interest rates by 25 basis points only in February and March.