 The Federal Reserve Bank has been on an aggressive tightening path since March 2022. A total of 425 bps of rate hikes have pushed the Fed Funds Rate to 4.25, the highest level since December 2007. The market is pricing in an extra 58 bps of rate hikes by June 2023, but numerous forecasters have ... The post Fed Nears a Hiking Pause History Points to Recession and Possible October 2023 Rate Cut appeared first on Action Forex... 