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CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting
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CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

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Source: Bitcoin.com

CME Fedwatch Favors Half-Point Cut Ahead of FOMC MeetingIn just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures data suggests that a half-point reduction is currently viewed as more probable than […]

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Author: Jamie Redman

Related posts:

  1. Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
  2. Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell 
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