Fedwatch Tool Shows 50-50 Chance for 25bps or 50bps Cut Before FOMC
Submitted by Anonymous (not verified) on Sun, 09/15/2024 - 17:40
The market is holding out hope for a bigger rate cut as the Federal Open Market Committee (FOMC) prepares to meet on Wednesday. Predictions from Polymarket and CME’s Fedwatch tool suggest there’s a growing expectation that a 50 basis points reduction could be in play. FOMC Meeting Could See Bigger Rate Cut as Expectations Shift […]