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Traders now see an 85% chance of the Federal Reserve cutting interest rates in December.
After the release of the US non-farm payrolls data, traders now see an 85% chance of the Federal Reserve cutting interest rates in December, compared with 67% before the release of the jobs report.
2024-12-06 13:34:27
Interest rate futures erased earlier gains and traders are now betting the Fed will stick to a 25 basis point cut in September and a bigger cut in November.
Interest rate futures erased earlier gains and traders are now betting the Fed will stick to a 25 basis point cut in September and a bigger cut in November.
2024-09-06 15:12:29
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