On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently at 5.25%-5.50%, which […]News Bytes, 25bps, 50bps, CME Fedwatch, Federal Reserve, Financial Markets, FOMC, interest rates, News Bytes 1, Polymarket, Rate Cut, rate cut bettingRead More

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