In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures data suggests that a half-point reduction is currently viewed as more probable than […]Economics, CME Fedwatch, economics, election impact, Federal Reserve, FOMC, inflation, interest rate, Monetary Policy, PCE index, Prediction markets, Rate CutRead More

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