Most analysts expect a 25bp interest rate cut from the Federal Reserve today

September 17, 2024 at 10:34PM
This summary screenshot is via Reuters, showing the latest forecasts for the headline Federal Open Market Committee (FOMC) decision due on Wednesday, September 18, 2024 (at 1800 GMT, 1400 US Eastern time)

The latest from ‘FedWatch’ (market pricing) show 30-Day Fed Funds futures pricing favours a 50bp rate cut:

63% @ 50bp

37% @ 25bp

I’ve been a 25er for a while and (nervously) remain so.

This article was written by Eamonn Sheridan at www.forexlive.com.

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