FOMC responses continue to roll in - Merrill now looking for another 75bp in November

FOMC recap here ICYMI:

• Forexlive Americas FX news wrap: Fed hikes by 75 bps and delivers a hawkish dot plot

Merril Lynch:

• expect hikes of 75bp and 50bp in November and December
• two 25bp hikes by March 2023
• Our new terminal is 4.75%-5.0%