Tag: interest rates

Fed Rate Cut Expectations Drop on Unexpectedly Strong CPI Data

Mary Pat Campbell

Link:https://mishtalk.com/economics/fed-rate-cut-expectations-drop-on-unexpectedly-strong-cpi-data/

Graphic:

Excerpt:

  • A month ago, the market thought there was no chance the Fed would hold pat through May.
  • A week ago, the odds were 33.4 percent.
  • Yesterday, the odds were 39.3 percent.
  • Today, the market says there is a 62.1 percent chance the Fed did not cut in March or May. There is no April meeting.

Author(s): Mike Shedlock

Publication Date: 13 Feb 2024

Publication Site: Mish Talk