which showed a 51% probability for a 25 basis point cut. Former New York Fed President Bill Dudley said late Thursday there was a strong case for a 50-bps interest rate cut. Reports in the Wall ...
The August 2024 consumer (CPI) inflation announced by the US Bureau of Labour Statistics (BLS) on September 11, 2024 came in 40 bps lower at 2.5%, compared to 2.9% in July 2024. Interestingly, the ...
With the probability of an interest rate cut occurring next week, I revisit a stock market valuation measure that adjusts for ...
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit ...
Additionally, the data indicates a 21% chance of a 50-basis-point reduction, while only a 3% probability of no rate cut at all ... could also be on the table if the economic conditions worsen ...
The table below illustrates the swings in sentiment about the September 18th FOMC meeting. As of July 25th, the probability of a 50 bps rate cut stood at a mere 11.3%, but following Powell's ...
"This weak data falls under the ‘bad news is good news’ theme; a 50-basis point cut is firmly on the table to support ... corrects Thursday's 50-bp rate cut probability to 40%, instead of ...
With the possibility of multiple rate cuts back on the table this year ... Rate cuts could catapult CareTrust’s probability with annual earnings expected to be up 4% in FY24 and slated to ...
That’s why Eric has been pounding the table on ways ... their bets of a double rate cut from 85% to 44%. The ADP jobs report released earlier today now cuts that probability even further ...
Equity markets were up smartly for the week ended September 13 with three of the four major averages up between 4% and 6% (see table ... how large the first rate cut will be, i.e., -25 or ...