CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

In conscionable 40 days, the U.S. Federal Open Market Committee (FOMC) volition stitchery to determine whether the cardinal slope volition little the benchmark involvement rate. This pivotal infinitesimal occurs 2 days aft the 2024 U.S. Election Day. As it stands, CME futures information suggests that a half-point simplification is presently viewed arsenic much probable than […]