Morning Note | Dec 14, 2022

Good Morning!

Futures are flattish as investors await the Federal Reserve's rate decision and dot plot.  With the inflation rate falling and near-term inflation running in the 4's, a 50-bp more seems more likely than a 75-bp.  In his speech, Powell is likely to stress that the fight against inflation is far from over.  The 50 bp increase will bring the F…