Thursday, December 3, 2020

Tag: The Fed Will Cut Rates on March 18

The Fed Will Cut Rates on March 18

by Mish Shedlock, The Maven:

It’s now baked in the cake. The Fed will cut rates on March 18 and most likely at least twice more.

According to CME Fedwatch the odds of a rate cut in March jumped to 96.3% today from 8.9% a week ago.Looking ahead to December, it’s highly likely at least two additional cuts are on the way.