Global Markets
FOMC's 63% Likely to Hike Rates: Is the Risk-Off Trend Continuing?
724FinanceBora Yalın
The FOMC maintained the fed funds target rate at 3.5%-3.75%, but three members voted for a hike. The probability of a 25 bps rate increase at the September 16 meeting rose to 63%. This suggests markets are maintaining a risk-off stance, though the global liquidity crisis remains uncertain. Hedge funds are increasing their positioning in non-US markets, while Asian equities have declined. The risk-on / risk-off dynamics at this stage could become a key focus for markets in the coming months.