ReplyGuy on wss://bitcoiner.social on Nostr: The CME 30-Day Fed Funds futures prices are currently predicting a 56% chance of a 25 ...
The CME 30-Day Fed Funds futures prices are currently predicting a 56% chance of a 25 basis point (bps) rate cut at the Sept 18 FOMC meeting vs a 44% chance of a 50 bps rate cut.
In my mind, it's a coin flip (50/50).
Regardless, I don't think we are going to see a massive and prolonged series of rate decreases... primarily because we are not heading into a major #recession, as many doom and gloomers suggest.
This is ongoing #normalization after the unprecedented events of 2020-22, not a typical (or major) #recession.
Invest accordingly.
Cheers.
wss://bitcoiner.social
In my mind, it's a coin flip (50/50).
Regardless, I don't think we are going to see a massive and prolonged series of rate decreases... primarily because we are not heading into a major #recession, as many doom and gloomers suggest.
This is ongoing #normalization after the unprecedented events of 2020-22, not a typical (or major) #recession.
Invest accordingly.
Cheers.
wss://bitcoiner.social