It's official: For the first time this year, markets now onl...
It's official:
For the first time this year, markets now only see 3 interest rate cuts in 2024.
This also happens to be the first time that markets align with the latest Fed guidance.
Odds of a rate cut in this week are down to 2% and odds of a rate cut in May are down to ~7%.
Just 3 months ago, markets saw SEVEN rate cuts in 2024 with rate cuts beginning this month.
As inflation data begins to rise again, 3 rate cuts is beginning to feel optimistic.
What does the Fed say this week?
For the first time this year, markets now only see 3 interest rate cuts in 2024.
This also happens to be the first time that markets align with the latest Fed guidance.
Odds of a rate cut in this week are down to 2% and odds of a rate cut in May are down to ~7%.
Just 3 months ago, markets saw SEVEN rate cuts in 2024 with rate cuts beginning this month.
As inflation data begins to rise again, 3 rate cuts is beginning to feel optimistic.
What does the Fed say this week?
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KingNY-Life : It is impossible to cut interest rates
Seraphicall KingNY-Life: Yup