Account Info
Log Out
English
Back
Download
Log in to access Online Inquiry
Back to the Top

Wall Street Expects Rate Cuts to Begin as Early as Next March and a Reduction of Up to 2.75%

avatar
In One Chart wrote a column · Dec 28, 2023 21:27
The discourse on Wall Street has shifted from the likelihood of interest rate cuts to speculating on their timing.
The Fed is now viewed as being dovish relative to other major central banks. Pricing for a rate cut in March increased after Fed Chairman Jerome Powell was unexpectedly dovish at the Fed's December meeting.
The CME's FedWatch Tool indicates that futures markets are pricing in rate cuts totaling 125 basis points next year. That would put the Fed Funds rate in a range of 4.00%-4.25%, compared to the current range of 5.25%-5.50%.
Wall Street Expects Rate Cuts to Begin as Early as Next March and a Reduction of Up to 2.75%
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
28
2
1
+0
6
Translate
Report
17K Views
Comment
Sign in to post a comment
avatar
In One Chart
Moomoo News Official Account
Market news in one chart.
88KFollowers
9Following
29KVisitors
Follow