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How's the Fed outlook shaping up to be right now?

Here's a look at the changes in the Fed funds futures curve over the last one week and compared to a month ago:After the US jobs report on Friday last week, traders moved in to further price a higher for longer narrative by the Fed and that hasn't changed by much even after yesterday's weekly jobless claims data.And when you compare to a month ago when traders were pricing in three rate cuts by year-end, it's been a dramatic shift in the outlook as the Fed succeeded in getting their message thro... Read More

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Posted: Jun 9 2023, 10:30

Author Name: forexlive

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