Fed's Evans: I expect to to be at top Fed funds rate by March

  • The market is pricing the same
Feds Evans
Fed president Evans

The terminal rate has come down significantly in the last few days. It's priced at 4.408% for March now, which is 30 bps below the highs from earlier this month. It does stay relatively high though at 4.20% through Dec 2023.

In any case, Evans won't be the one making the decisions in March as he retires in January.

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