Interest rate futures are pricing in with almost 90% probability a return on rising US interest rates. 🚨
A month ago the probability was 53%.
The next meeting takes place on the 26th of July. However, until then, a lot of water will flow.
90% of 25bps?
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Yes, most are betting between 5.25% to 5.50%.
I agree, I think the Fed will start lowering interest rates in early 2024.
When elections comes in, bad numbers goes out.
