On April 12--just over two weeks prior--expectations surrounding a potential cut to the federal funds rate were in flux, with markets assigning a 39.8% probability that the U.S. Federal Reserve would lower the rate by 25 basis points. Fast forward to seven days ahead of the next Federal Open Market Committee (FOMC) gathering, and that […]
On April 12--just over two weeks prior--expectations surrounding a potential cut to the federal funds rate were in flux, with markets assigning a 39.8% probability that the U.S. Federal Reserve would lower the rate by 25 basis points. Fast forward to seven days ahead of the next Federal Open Market Committee (FOMC) gathering, and that […]
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