FED Rate Cuts September 2024: Why Markets Are Suddenly Expecting a 50 Basis Point Cut
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The post FED Rate Cuts September 2024: Why Markets Are Suddenly Expecting a 50 Basis Point Cut appeared first on Coinpedia Fintech News The Kobeissi Letter has recently spotlighted a significant shift in market expectations regarding the Federal Reserve’s next interest rate decision. In a dramatic turn, the odds of a 50 basis point rate cut have surged from 2% to 59% in just a few hours. This change is surprising given that no new economic data or …
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