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🇺🇸 TRADERS ADD TO BETS FED WILL CUT RATES THIS YEAR, LIKELY IN NOVEMBER (Reuters) - U.S. short-term interest-rate futures rose after the Federal Reserve ended its April 30-May 1 meeting with no change to the policy rate, as traders added to bets the Fed will deliver at least… https://t.co/CbKsirMBev
BREAKING: Interest rate futures are now expecting 1 rate cut in 2024 at the Fed's NOVEMBER meeting. This is the first time we have seen rate cuts pushed all the way back to November 2024. After the January Fed meeting, markets were pricing-in 7 interest rate cuts at EVERY… https://t.co/iQ7PgntG3k
💡Traders see Fed rate cut most likely in November
Traders and interest rate futures are predicting a Federal Reserve rate cut most likely to occur in November 2024. This expectation follows the Fed's recent meeting where no policy rate change was made. Markets had previously anticipated multiple rate cuts post-January meeting.