Dueling polls on Fed’s next move suggest the safe bet is a July rate cut

Dueling polls on Fed’s next move suggest the safe bet is a July rate cut https://www.housingwire.com/articles/49329-dueling-polls-on-feds-next-move-suggest-the-safe-bet-is-a-july-rate-cut housingwire.com Traders in futures markets are signaling a 22.5% probability of a Fed rate cut next week and an 86% chance of a cut at or before its july 30-31 meeting, according to CME Group.

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Meanwhile, Powell said the Fed was "closely monitoring" the trade developments and would "act as appropriate" to sustain the U.S. economic expansion, a signal the Fed would be prepared to cut rates if needed. Some investors are even beginning to bet that the Fed’s next move will be a rate cut later this year.

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Dueling polls on Fed’s next move suggest the safe bet is a July rate cut SoFi buys teams from mortgage startup clara to boost offerings Cardinal Financial premieres wholesale channel

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After postponing the decision at its June meeting, the Fed committee tasked with raising the rate left the public wondering when exactly this would happen. The Fed has kept the interest rate at near zero since late 2008, and market watchers are trying to predict when the central bank will raise its benchmark short-term interest rates.

Dueling polls on Fed’s next move suggest the safe bet is a July rate cut Traders in futures markets have signaled a 22.5% probability of a rate cut at the FOMC’s June 18-19 meeting and an 86% chance of a cut at or before its July 30-31 meeting, according to CME Group.

Dueling polls on Fed’s next move suggest the safe bet is a July rate cut https://www.housingwire.com/articles/49329-dueling-polls-on-feds-next-move-suggest-the-safe-bet-is-a-july-rate-cut Traders in futures markets are signaling a 22.5% probability of a Fed rate cut next week and an 86% chance of a cut at or before its July 30-31 meeting, according to CME Group.

Dueling polls on Fed’s next move suggest the safe bet is a. Traders in futures markets are signaling a 22.5% probability of a Fed rate cut next week and an 86%. Daniel Roth liked this

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