Standard Chartered discusses its expectations for next week's FOMC policy meeting.
"The 22 September FOMC will likely signal a tapering decision at the next meeting, providing few details. The dots will likely signal one 2022 hike, and two added hikes in both 2023 and 2024. The risk skew is for more rather than less hikes; the added hawkish lean in not fully priced, in our view," SC notes.
"The USD could find short-term support on a hawkish tilt and any risk-off reaction," SC adds.