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Not too much change in the Fed funds futures curve after the US CPI data yesterday

There has been some back and forth shifts in pricing on this over the past month, as seen here before the main event yesterday. But essentially, the aftermath just pretty much moves the Fed funds futures curve to almost exactly where we were a week ago.For now, the first rate cut is being factored in for June 2024. But over time, expect this key moment to perhaps be pushed back further so long as US economic data continues to stay more robust. Inflation, or at least the core reading, is still ke... Read More

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Posted: Sep 14 2023, 04:24

Author Name: forexlive

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