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Nomura hikes terminal rate .25% to 5.50-5.75% in May

We "maintain our call for a 50bp hike in February,...an additional 50bp in March (up from 25bp previously) and a 25bp hike in May (previously on hold)...markets...underestimate both how entrenched inflation is, and the Fed's...intention."
Zerohedge Img: Reuters
2022-11-03 14:06:36