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Fedwatch Tool Shows 50-50 Chance for 25bps or 50bps Cut Before FOMC

Started by Bitcoin, Sep 15, 2024, 07:13 pm

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Fedwatch Tool Shows 50-50 Chance for 25bps or 50bps Cut Before FOMC

The market is holding out hope for a bigger rate cut as the Federal Open Market Committee (FOMC) prepares to meet on Wednesday. Predictions from Polymarket and CME's Fedwatch tool suggest there's a growing expectation that a 50 basis points reduction could be in play. FOMC Meeting Could See Bigger Rate Cut as Expectations Shift […]

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