Rate Cut Odds Dip Below 50% From 92% A Week Ago
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The market has given the Fed a free swing as rate cut odds dip to 47%.
My how things change.
- A month ago there was allegedly a 10%% chance of a rate cut tomorrow with an additional 22.3% chance of a 50 basis point cut.
- Last week there was a 92.3% chance of a single cut.
- Yesterday there was a 62.3% chance of a cut.
- Today there is only a 47.3% chance of a cut.
Tomorrow we see.
Questions of the Day
- Rate Cut on the 18th?
- Did this sudden change amplify today's liquidity crisis?
For discussion, please see US Overnight Interest Rate Surges to 10%, Fed Injects Emergency $75 Billion.
Disclaimer: The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment advice. All site content, including ...
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You really need to understand what you're blogging about better. Repo rate matters.
Ouch!