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

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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 […]

Source: Bitcoin News

#Economics, #CMEFedwatchTool, #EconomicOutlook, #FederalFundsRate, #FederalReserve, #FOMC, #InterestRates, #LendingRates, #MortgageRates, #Polymarket, #RateCut

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