The market pricing shows that the timeline for any rate cuts is roughly around June to July next year. And as mentioned here yesterday, it is not that much different from two months ago. So, what does that tell us?Essentially, it means that traders are still roughly convinced by the idea that the Fed will be able to stick with the higher rates for longer narrative. But not for too long that is. At some point this year, there were certain quarters of the market convinced that the Fed might have to cut rates as early as Q1 next year. Now, that is quite a distant possibility or dare I say a near improbability.If the economy holds up and/or if inflationary pressures continue to prove to be stick
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