TSX:HR.UN - Post Discussion
Post by
Torontojay on Jan 04, 2024 8:28am
Future Fed funds probabilities
According to the futures market for Fed funds there is a 63.9.% chance of a quarter point cut to interest rates on March 20,2024. Keep in mind that these probabilities change on a daily basis. By Dec 20,2024 the market is pricing in
150 basis points worth of cuts with probability of 38.9% and
125 basis points of cuts with probability of 25.5%.
It's worth noting that inflation is already at 3.12% and that the size of these cuts is implying further weakness in the economy.
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