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

A decent jobs report last week and speedier than expected inflation data this week had most assuming the U.S central bank would initially proceed c


Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.

The Fed is expected to begin its much-anticipating rate-cutting cycle from next week.
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