QE has been ‘absolutely critical’
12-month rate of 5.4% beats market expectation of 4.9%.
This month the Fed surprised by moving its dot plot for 2023 to include two rate hikes - a hawkish divergence from the one rate hike that markets were expecting would be signalled.
Two rate hikes now expected in 2023
Beating analysts' expectations
Land of the Free still hard to beat
History in danger of repeating itself
'Gradual and orderly’ sales process