Traders expect Fed to stop after two rate cuts next year
as the vote counting results of the US presidential election were released one after another in the evening, traders reduced their bets on the Fed's interest rate cuts next year on Tuesday. Interest rate futures traders continue to bet that the Fed will cut interest rates by 25 basis points each in this week and December, but now expect the Fed to stop cutting interest rates after two 25 basis point cuts in the first half of 2025, with the federal funds rate target range lowered to 3.75%-4%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fox News projects Trump as winner, AP delays announcing winner
U.S. House Speaker Johnson: Trump is now our "president-elect"
Prediction Markets Emerge as Winners of U.S. Election Alongside Trump and Cryptocurrency Industry