The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in a nearly 60 ...
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Investors and economists will find out on Wednesday whether the Federal Reserve sees the greater risk to the employment or ...
Polymarket shows a 99% chance of a Fed rate cut this week, potentially lowering the federal funds rate to 5.00%-5.25%.
Norway’s underlying inflation rate declined for the 10th month in a row in August, keeping the door open for an interest-rate ...
"Today's figure tilts the scales a touch toward a more aggressive path," says one economist. "If we get another big downside ...
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