Markets slightly raise bets on Fed to cut interest rates by 50 basis points next week
2024-09-12 22:39:33
Term contract digestion abi savings weekly rate cut 50 basis points possibledesk3cryptocurrencydesktopCrypto News
The likelihood of a 50 basis point cut next week from the Fed priced into swaps rose slightly after the Wall Street Journal reported that policymakers were considering whether to cut rates by 25 basis points or 50 basis points. The September OIS contract fell about 3 basis points to an intraday low of around 5.04%, corresponding to a September meeting rate cut of about 28 basis points, towards the midpoint of Wednesday's range; the corresponding rate cut by Wednesday's close was 26 basis points. Bets on rate cuts for the year remain around 103 basis points, flat during the day.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
ORDI breaks through $31Next article：
八名民主党议员与加密行业高管举行私人圆桌会议，专门讨论比特币相关议题
