After Fed meeting, federal-funds futures still point to December rate cut
Traders in the federal-funds futures market were still largely anticipating on Thursday that the Federal Reserve will lower its benchmark interest rate by a quarter of a percentage point next month, as they weighed the Fed’s fresh statement on monetary policy.
NEW YORK (Reuters) - Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks ...
Interest rates are expected to rise as the Fed normalizes the yield curve. Read why this shift away from low rates will ...
"Pricing in the futures markets shows investors are putting a 63% chance on the Fed cutting interest rates by another 0.25 percentage point in December, to a range of 4.25% to 4.5%," said the ...
Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
The S&P 500 and Nasdaq gained Thursday after the Federal Reserve's interest rate decision and as the stock market reacted to Donald Trump beating Kamala Harris to win the U.S. presidential election.
Indexes edged slightly higher as traders took a breather after the huge post-election rally. The Fed will deliver its next ...
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