Post by
Torontojay on Aug 02, 2024 4:15pm
Fed should consider this
50 bps of cuts in September. One for July that they should have done and another for September. Don't be surprised if we hear the Fed discuss the possibility of a 50 bps cut.
Comment by
garyreins on Aug 02, 2024 4:19pm
Probably right very close to election. Another cpi beat and it'll happen
Comment by
CptnBlueberries on Aug 02, 2024 4:24pm
that's already what's priced in by the markets, 66% chances of a 50 bps cut in September right now
Comment by
Torontojay on Aug 02, 2024 4:29pm
Wow, you're right. I just checked the Fed Funds Futures at the Cme Fedwatch site.