Investors Pull Back Rate Cut Bets After Powell’s Press Conference
According to a report by Jinse Finance, following the Federal Reserve's decision and Jerome Powell's press conference, investors have slightly reduced their bets on interest rate cuts. The CME FedWatch Tool shows that the futures market now sees a 42% probability of one or fewer rate cuts by the end of the year, up from 35% on Tuesday. The implied probability of two or more rate cuts has decreased.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Is There a Bull Trap for Bitcoin (BTC)? Analyst Issues Warning
Scandinavian Enviro directors, executives plan to exercise warrants worth SEK 130,836
Invesco director Phoebe A. Wood sells 3,000 common shares for $97,320
BAWAG expects shift to single-point-of-entry group structure after planned PTSB deal
Crypto prices
More
