Markets head into today’s FOMC decision expecting little in the way of policy fireworks, with the Fed widely forecast to hold rates steady at 3.50 to 3.75% after three consecutive cuts late last year.
Markets head into today’s FOMC decision expecting little in the way of policy fireworks, with the Fed widely forecast to hold rates steady at 3.50 to 3.75% after three consecutive cuts late last year. Futures markets are pricing in more than a 97% chance of a pause, with the earliest meaningful odds of another cut not emerging until June.
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