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Time | Details |
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2024-10-08 03:15 |
Market Anticipates High Probability of Fed Rate Cut
According to GreeksLive, the strong US economic data for October has led to a significant drop in market expectations for the Federal Reserve's rate meeting on November 8. Based on the current pricing of 30-day federal funds futures, there is an 85% market-expected probability of a 25 basis point rate cut. (Source) |