The Fed’s Coming Rate Cut: Be Careful What You Wish For
As of this morning, the futures markets are pricing in a 93.8% chance that Powell cuts by 0.25% and a 6.2% chance he lops it by a full 0.5%. But is this a good thing? Not so much…
As of this morning, the futures markets are pricing in a 93.8% chance that Powell cuts by 0.25% and a 6.2% chance he lops it by a full 0.5%. But is this a good thing? Not so much…