“Futures Traders Raise Odds for Year-End Rate Cuts amid Fears of Regional Bank Crisis”
Market participants have increasingly been pricing in multiple rate cuts by the US Federal Reserve in 2023, with a 59% chance of the central bank’s main policy rate target falling to between 4.25% and 4.5%, according to the CME FedWatch tool. This represents a significant increase from the 28% chance recorded on Monday and implies […]
“Traders Predict: Fed Pause Until June, Rate Cut Inevitable by Year-End!”
Fed funds futures traders have increased their expectations for a pause by the Federal Reserve through at least June, after March’s producer price index showed the sharpest monthly decline in almost three years. Traders are now factoring in a 94.7% chance of a reduction in rates by year-end, according to the CME FedWatch Tool. The […]