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Where's Terminal?
Episode 188th November 2022 • Macro Minutes • RBC Capital Markets
00:00:00 00:21:39

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All year market pricing for terminal rates in most countries has been a moving target and one directional - higher. Last week the Fed signaled a slower pace of rate hikes but a terminal value that was higher than their previous forecast. Where does this cycle end?

Participants: 

  • Jason Daw (Desk Strategy), Head of North America Rates Strategy
  • Simon Deeley (Desk Strategy), Canada Rates Strategist
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Daria Parkhomenko (Desk Strategy), FX Strategist
  • Lori Calvasina (Research), Head of U.S. Equity Strategy

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

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