crazyboy
09/07 15:04
September 50 BPS Fed Rate Cut Odds Climb Ahead of
September 50 BPS Fed Rate Cut Odds Climb Ahead of CPI, PPI Data
The odds of a 50 basis points September Fed rate cut is rising ahead of the CPI and PPI data inflation data which drops next week.
There is an 11% chance of the Fed making a 50 bps rate cut at its upcoming FOMC meeting.This comes ahead of the CPI and PPI data release.
Fed’s Goolsbee said that he wants to see the inflation data before he makes up his mind on a rate cut decision.
Traders are beginning to price in the possibility of a 50 basis points (bps) Fed rate cut at the upcoming FOMC meeting. This comes ahead of the CPI and PPI inflation release next week, which could also impact the Fed’s decision.
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