• 09/20/2024

Investors Reduce Bets on Bigger Rate Cut Next Week

Wall Street Journal

Traders now think it is much less likely that the Federal Reserve will cut rates by 0.5 percentage point at its meeting next week following Wednesday’s hotter-than-expected reading on core monthly inflation.

https://www.wsj.com/articles/investors-reduce-bets-on-bigger-rate-cut-next-week-558a2138