Fed Rate Decision Looms as Market Predicts 25bps Cut With 87% Probability

With conscionable six days to spell earlier the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 ground points (bps) complaint chopped is increasing stronger by the day. The anticipation of a 50bps chopped remains slim, though it inactive holds a 13% chance, arsenic reported by CME’s Fedwatch tool. Market […]