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U.S. short-term interest rate futures were little changed after the release of Federal Reserve meeting notes, still showing traders betting 25 basis points on a rate cut next month.

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2024-10-10 02:04:09
United States short-term interest rates futures Federal Reserve Reserve Bank of America minutes post-releasedesk3cryptocurrencydesktopCrypto News
U.S. short-term interest rate futures were little changed after the release of Federal Reserve meeting notes, still showing traders betting 25 basis points on a rate cut next month.
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The Fed meeting notes that most officials believe the risk of high inflation has diminished.
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The Fed meeting notes that a 50 basis point cut is expected to bring rates "better in line" with the economy. Some participants said a 25 basis point cut could mean a more predictable path to normalisation.

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