News list for "Middlebank"

Traders tend to bet that the Federal Reserve will not cut interest rates until June

After the Federal Reserve left its policy rate unchanged and dropped long-mentioned claims of "progress" in inflation in its post-meeting statement, short-term interest rate futures pricing suggested a greater likelihood that the Fed would not cut rates before June. Following the statement, traders expected a roughly 40% chance of a rate cut before June, compared with a previous forecast of nearly 50%. Interest rate futures contracts continue to point to June as the most likely month to resume r...

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2025-01-29 23:38:29
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