Macquarie Sees USD Inflation: FOMC Analysis

Thierry Wizman from Macquarie suggests that the Federal Reserve may hike US interest rates in December. This analysis aligns with broader global monetary adjustments, affecting international investors and currency markets.

Thierry Wizman, global FX and rates strategist at Macquarie, provides insights on the US economy and inflation. He suggests that a Federal Reserve interest-rate hike in December could be viable. 'December does not seem like the wrong time to do it,' says Wizman. 'We will have a new Summary of Economic Projections, and it is common for the Fed to make bold moves or policy changes alongside the release of key points and the SEP.' This analysis fits into a broader context of global monetary adjustments, as countries such as Australia and Canada are also reviewing their interest rate policies. These decisions significantly impact international investors and the global balance of currency rates.

Source: Bloomberg Markets