The Federal Reserve (Fed) delivered a 75bps rate hike, bringing policy rates into the 3.0-3.25% band. The Fed’s median forecasts for overnight rates: End of 2022 – 4.4% End of 2023 – 4.6% End of 2024 – 3.9% End of 2025 – 2.9% During the press conference, Chairman Powell pointed out that […]