With just six days to go before the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 basis points (bps) rate cut is growing stronger by the day. The possibility of a 50bps cut remains slim, though it still holds a 13% chance, as reported by CME’s Fedwatch tool. Market […]Economics, CME Fedwatch tool, economic outlook, Federal Funds Rate, Federal Reserve, FOMC, interest rates, lending rates, Mortgage Rates, Polymarket, Rate CutRead More

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