CME Group's FedWatch, meanwhile, pegs the odds of a 50-basis-point (0.5-percentage-point) reduction in September at around 50%, with two more cuts priced in over the final two meetings of the year. The Atlanta Fed's GDPNow forecasting tool suggests a third-quarter advance of 2.5%, down from its prior estimate of 2.8% on July 26.
Original Image Link
Source:www.thestreet.com
Original Image Link
Source:www.thestreet.com
Posted: 2024-08-02 05:48:00