🏦📊 Interest Rate Probabilities: Fed Policy Seen Above 3.5% By Feb.

**As seen in Macro Walk report 08/20/2022, cablefxm.co.uk/reports

• OIS markets see the Fed delivering additional 130bps of tightening by early next year, the implied rate is seen above 3.5% by February

• The BoE is priced to deliver 210bps of additional tightening or 8 standard 25bps rate hikes by March, this would leave the bank rate at about 3.75%. The BoE is now the most aggressive bank in our tracking list, while the U.K. is the only country to post double-digit inflation as of July. The BoE has also been transparent to signal an economic slowdown that could last about a year