News list for " traders present"

Interest rate derivatives traders now expect the base rate to fall to about 2.75% by the end of next year, from about 5.25% currently. That equates to ten rate cuts of 25 basis points each, and the Fed will probably only do that in a recession. While few on Wall Street are predicting a recession anytime soon, most agree that the risk of a recession is higher now than it was a few months ago.

2024-09-16 05:30:51