The Federal Reserve is soft-launching the idea of no December rate cut – What’ll happen to markets then?
- Posted on November 15, 2024
- By Bing News
- 1 Views
The Federal Reserve is soft-launching the idea of no December rate cut – What’ll happen to markets then?
The Federal Reserve might be saying, without actually saying it, that there’s no rate cut coming this December. Traders caught on fast, slashing their bets on a quarter-point cut from 80% to less than 60% in just one day. Fed Chair Jerome Powell called the U.S. economy’s performance “remarkably good,” which sounds nice but actually […]