With the rise in energy prices and increasing concerns over inflation, the anticipation of interest rate cuts by the Federal Reserve is diminishing. Participants in the fed funds futures market have effectively ruled out a rate cut in September and now anticipate only one reduction, projected for December, as indicated by the CME gauge. In Read More
Morgan Stanley has returned to an earlier prediction for a quarter-point interest rate reduction by the Federal Reserve at the central bank’s forthcoming meeting this month. The lender has abandoned its prediction for a 25-basis point reduction at the conclusion of the Fed’s December 9-10 meeting, subsequent to the release of a robust employment report Read More
