CroSat
bitcoin newsNov 24, 2024

Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step

Edited by Steinar Vigdel Kolnes, Editor, Oslo

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.…

Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step

Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next StepBased 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 […]

Source Link

Related stories