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What's priced in for the Fed outlook ahead of the CPI data today?

What's priced in for the Fed outlook ahead of the CPI data today?
The evolution of the Fed funds futures curve over the past month pretty much details that:The US CPI report today will do little to shift the outlook for the remaining FOMC meeting decisions this year. However, it will play a role in determining the market confidence on the Fed outlook for next year - especially in the first six months.Previously, traders were rather convinced that we could possibly get the first rate cut in March 2024. But now, trying to price in a rate cut for June 2024 looks... Read More
Posted: Sep 13 2023, 04:47
Author Name: forexlive
Views: 091291

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