Probability Of Fed Rate Cut In March 2024 Mumbai

Probability Of Fed Rate Cut In March 2024 Mumbai. Meeting after next (july 31, 2024) with high confidence, we think the fed will hold the benchmark rate again in july. Job openings unexpectedly rose in december and data for the prior month was revised.

Despite the fed chair’s dovish tone in jackson hole, markets had placed the probability of a 50 basis point rate cut in september at just 30%. The tool allows users to calculate the likelihood of an upcoming fed rate hike or cut.