HSBC now sees 50 bps rate hike by the Fed in March

  • The firm sees 150 bps worth of rate hikes by the Fed this year

They won't be the last to change their call, which follows from Citi yesterday here.

A 50 bps rate hike next month is pretty much fully priced in (more or less) at this point. So, it will depend on whether or not the Fed so chooses to walk back on that in the weeks ahead.

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