Traders expect Fed to stop after two rate cuts next year
This article is machine translated
Show original
Odaily Odaily News: As the results of the US presidential election were released in the evening, traders on Tuesday reduced their bets on the Federal Reserve to cut interest rates next year. Interest rate futures traders continue to bet that the Federal Reserve will cut interest rates by 25 basis points each this week and in December, but now expect the Fed to stop cutting interest rates after cutting interest rates by 25 basis points twice in the first half of 2025, and the target range of the federal funds rate will drop to 3.75%-4%. (Jinshi)
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content