Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step
Submitted by Anonymous (not verified) on Sun, 11/24/2024 - 19:10
Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The U.S. Federal Reserve‘s federal funds rate outlook for December remains a toss-up. The odds of no […]