Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Interest Rate Futures Suggest Fed's Odds of Rate Cut Next Mth Drops to 33%
Recommend 2 Positive 1 Negative 3 |
||||
|
||||
|
The market's expectation for a quarter-point rate cut by the Federal Reserve next month has further dropped to 33%, while the likelihood of maintaining the current rate has hiked to 66%, according to interest rate futures. Prior to this, the market had anticipated more than 90% odds of a rate cut by the Fed next month, but this expectation evaporated after the U.S. Department of Labor confirmed that the October non-farm payroll data would not be released. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
