Interest rate changes

[tsptalk]

Traders see good chance the Fed cuts again in December then skips in January

Expectations for a December interest rate cut remained strong after the Federal Reserve trimmed rates by a quarter percentage point in November.

On Thursday afternoon, the U.S. central bank lowered the federal funds rate to a target range of 4.5% to 4.75%.

https://www.cnbc.com/2024/11/07/traders-see-good-chance-the-fed-cuts-again-in-december-then-skips-in-january.html

 

[tsptalk]

It's not a big change but the chances of a rate cut from the Fed at the January meeting is just 3%.



It also fell from 44% yesterday, to 28% today for the March meeting.