Fed Rate Cut Odds June 12: Markets only see a 2.2% chance of a quarter-point rate cut at the June 11-12 Federal Reserve meeting, according to the CME FedWatch Tool. It was 70.1% back on March 27. July 31: There's an 8.2% chance of at least a quarter-point Fed rate cut by the...
The surging popularity of Kamala Harris in U.S. election polls and soaring odds the Federal Reserve will soon start cutting interest rates is dealing a double-blow to the so-called Trump trades. In the 11 days since President Joe Biden declared he wouldn’t seek a second term and Democrats...
Just to give us a baseline, we'll start with a summary of historical broader-market (read: S&P 500) performance following the Federal Reserve's first rate cut in a cycle. From there, we'll take a deeper look into growth/value and sectors. Here's how the S&P 500 has fared based on ...
Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that the Fed's target range for the federal funds rate, its key rate, will be lowered by a quarter percentage point to 5% to 5.25% in September from the current 5.25%...
The Federal Reserve cut interest rates on Wednesday for the first time since March 2020, lowering the Fed funds rate by 50 basis points as it declared the fight against inflation all but won. The decision to go with a larger 50 basis point rate cut, instead of the more common 25 basis ...
The Federal Reserve on Wednesday moved forward withan aggressive rate cutthat’s already recalibrating how Florida politicians talk about the economy. The decision,issued 48 days before the election, will have tangible effects on people’s lives by making it cheaper to borrow money to pay ...
Traders marked up the odds of a December interest rate cut to around 70 per cent, from about 60 per cent prior to the release. Some measures of inflation expectations also remain somewhat elevated among consumers and businesses, a potentially worrisome sign after years of robust price pressures....
A television broadcasts the Federal Reserve's interest rate cut on the floor of the New York Stock Exchange on Sept. 18, 2024. Michael Nagle | Bloomberg | Getty Images There is no case for more 50-basis-point rate cuts by the Federal Reserve, veteran market strategists told CNBC, saying...
Here are the odds. Thethree-day stock market routroiling Wall Street is prompting some experts to question whether the Federal Reserve could enact an emergency rate cut before its September meeting.The speculation is arising in the wake of the Fed's July 31 meeting, when the central bank dec...
Bond investor warns Wall Street is overestimating rate cut odds David Leduc believes too many investors are on the wrong side of the bond trade. Leduc, chief investment officer of Mellon's active fixed-income team, blames it on a disconnect between Wall Street and the Federal Reserve. ...