Fed to accelerate rate cuts yet, another 50 bps in November?
Hawk News
2024-09-29 17:44:05
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Fed easing may come harder than expected, heavy signal from Fed officials。Traders are betting that the Fed is likely to cut interest rates sharply by 50 basis points for the second time in November, as US inflation continues to cool and is close to the Fed's 2 per cent target, with interest rate futures contracts now reflecting a 54 per cent chance of a 50 basis point cut in November.。It is worth noting that the Fed "cut interest rates by another 50 basis points" is expected to heat up at the same time, the European Central Bank may also open aggressive interest rate cuts, may cut interest rates by 50 basis points in December。
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