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Latest dot plot (page 4, PDF): https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20230322.pdf https://www.federalreserve.gov/monetarypolicy/files/
by scrlk 4y ago
Latest dot plot (page 4, PDF): https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20230322.pdf https://www.federalreserve.gov/monetarypolicy/files/fomcproj...
Of note - no cuts planned for this year.
- MuffinFlavored 4y agobut fed futures contracts aren’t believing it/pricing it in, right?
- quickthrowman 4y agoFed funds futures traders are expecting a cut at the July meeting by a slight margin, and a 95% chance of a cut by the December meeting as of tonight. https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.cmegroup.com/markets/interest-rates/cme-fedwatch...
- MuffinFlavored 4y ago71% of a cut by July 91% of a cut by September 95% of a cut by November Kind of weird that the head chair of the Federal Reserve board comes out and says "no cuts this year" verbatim, and this pricing mechanism you and I look at says the exact opposite?