Daily Snapshot

Daily Snapshot – 13 December 2023

Here we go, in the famous words of Delia Smith at half time of a Norwich game – ‘Let’s be havin’ you!’ A blockbuster 48 hours awaits us and we spent most of the day patiently impatiently waiting for what Mr Powell and the Fed have to say for next year. A 99% probability of no change in Fed funds rate today (….So you’re saying there is a chance?!) and as well as a Powell press conference, focus will be on new staff economic projections and the ‘dot-plot’ of FOMC members’ views on future level of…

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