Happy FOMC Day stackers!
Only a few hours left before the Fed announces the decision on rate cuts. While the analysts and prediction markets are clearly looking in favour of a 25bps rate cut, Fox just dropped a bombshell saying we could see a 50bps rate cut. This actually showed some impact on the market as the odds for 50bps increased by 10% in minutes.
As far as No rate cut goes, it has to do with Powell signalling and all out revolt against Trump. The market is not sure though, the chances are less than 2%. The odds for a 25bps are still at about 85% and for a 50bps are about 12%.
Have you made your prediction yet on the Fed’s decision this September?.
Will interest rates change, or stay the same?
Only time will tell in about a few hours, but your insights could make all the difference!
Predict.Stack.Win.