Category: supersized
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US interest rate futures see higher odds of super-sized Fed move
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By Gertrude Chavez Dreyfus NEW YORK (Reuters) – Futures contracts for the federal funds rate, which measures the cost of unsecured overnight loans between banks, priced in a 60 percent chance that the U.S. Federal Reserve will cut interest rates by 50 basis points on Wednesday, London Stock Exchange calculations…
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Soft August jobs report could sway fed to deliver supersized rate cut in September By Investing.com
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Expectations of a major interest rate cut in September had lost steam after recent economic data showed that recession fears were just hype about nothing, but with the labor market now in the driver’s seat of monetary policy, the August jobs report has the potential to revive bets on a…