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Markets Bet Big on a 25bps Fed Rate CutLow Odds for a Bigger Reduction

Markets Bet Big on a 25bps Fed Rate CutLow Odds for a Bigger Reduction
© Copyright Image: BuyUcoin Blog

On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently at 5.25%-5.50%, which []

Read more: https://blog.buyucoin.com/feed-exclusion/crypto-news/markets-bet-big-on-a-25bps-fed-rate-cut-low-odds-for-a-bigger-reduction/

Text source: BuyUcoin Blog

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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