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Fed Rate Decision Looms as Market Predicts 25bps Cut With 87% Probability

You are currently viewing Fed Rate Decision Looms as Market Predicts 25bps Cut With 87% Probability
  • Post author:Auto News Feed
  • Post published:September 12, 2024
  • Post category:Market News
Fed Rate Decision Looms as Market Predicts 25bps Cut With 87% ProbabilityWith just six days to go before the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 basis points (bps) rate cut is growing stronger by the day. The possibility of a 50bps cut remains slim, though it still holds a 13% chance, as reported by CME’s Fedwatch tool. Market […]
Tags: Crypto Market, Digital Market, Market Analysis

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