FED FOMC 12/13/2023
Jerome Powell, chairman of the U.S. Federal Reserve (Fed), said he wants to keep interest rates higher than expected to combat high inflation.
According to data from the Chicago Mercantile Exchange (CME) options exchange, the market expects the Fed to not cut rates until May of next year.
Let's wait for the Fed's statement tomorrow to see the market's reaction.
According to data from the Chicago Mercantile Exchange (CME) options exchange, the market expects the Fed to not cut rates until May of next year.
Let's wait for the Fed's statement tomorrow to see the market's reaction.
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