FOMC Meeting

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The Fed has a big interest rate decision coming Wednesday. Here’s what to expect

Futures market traders are pricing in a near certainty that the Fed on Wednesday will lower its benchmark overnight borrowing rate by a quarter percentage point.

“I’d be inclined to say ‘no cut,’” former Kansas City Fed President Esther George said Tuesday during a CNBC “Squawk Box” interview.

In addition to the rate decision, the Fed will update its “dot plot” of future expectations as well as the collective outlook on the state of the economy.

https://www.cnbc.com/2024/12/17/the-fed-has-a-big-interest-rate-decision-coming-wednesday-heres-what-to-expect.html

 

[tsptalk]

No change to rates but the probabilities are moving for future meeting. Here's May's...