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Will the Market Pick a Direction?

Real Vision: Finance & Investing

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The Fed Funds Rate Is Going to Be a 5% Peak in 2023

Interest rate swaps right now are pricing a 5% peak I think slightly above 5%. That suggests that the Fed is going to stay it's course at least in the view of those those those participants in the swap market. Snap had a 23% implied move and lived up to its name or to its implied move so that was the bell weather earlier in the year when they guided down.

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