Volume in the U.S. federal funds rate market climbed to its highest level in about a year and a half on Monday, indicating that the Federal Home Loan Bank (FHLB) is lending excess dollars in the market. Volume in the federal funds rate market rose to $119 billion as of Dec. 23, the highest level since July 2023, from $113 billion in the previous session, according to data released Tuesday by the New York Fed.
The Federal Reserve raised its target for the federal funds rate by half a percentage point by the end of 2025. Andrew Hollenhorst, an economist at Citi, believes that the Fed may be in a position of being overwhelmed. With the core PCE rising 0.1% month-on-month in November, price inflation is slowing, and the Fed may eventually cut interest rates by more than currently expected. "In our underlying assumption, a weaker labor market would lead to a rate cut by the Fed at every subsequent meeting...
The Federal Reserve's Kashkari said it currently believes the neutral federal funds rate is close to 3 percent; the level of the neutral rate faces significant uncertainty.
Since the Federal Reserve cut the federal funds rate by 50 basis points last Wednesday, Ethereum has outperformed Bitcoin, and this upward momentum coincides with a sharp rise in the ETH unpositioned squaring rate-weighted perpetual futures funding rate, indicating stronger demand for long positions and growing optimism among traders that ETH prices could rise. (TheBlock)
Fed Governor Bowman said it was appropriate to agree at the September meeting to readjust the level of the federal funds rate, but preferred to implement a smaller rate cut for the first time; worried that the Fed's larger policy actions could be prematurely interpreted as a victory statement against inflation; spending data continue to grow solidly; inflation above target remains a concern; the economy remains strong and the labor market is close to full employment; respect and appreciate colle...
On September 18th, the Federal Reserve announced on the 18th that it will cut the target range of the federal funds rate by 50 basis points, exceeding market expectations. This is the first time the Federal Reserve has cut interest rates in four years, and it also marks the shift from a monetary policy tightening cycle to an easing cycle. The dot plot shows that the Federal Reserve expects to cut interest rates by 50 basis points this year. According to 4E...
The Federal Reserve cut the target range for the federal funds rate by 50 basis points to 4.75% to 5.00%. US stocks rallied and fell, and the three major indexes closed down collectively. The Dow fell 0.25%, the S & P 500 fell 0.29%, and the Nasdaq fell 0.31%. Among them, the Dow and S & P 500 both hit new intraday highs.
The Federal Reserve expects the federal funds rate to be 4.4% at the end of 2024 and 5.1% in June; the federal funds rate is expected to be 3.4% at the end of 2025 and 4.1% in June; the federal funds rate is expected to be 2.9% at the end of 2026 and 3.1% in June; the federal funds rate is expected to be 2.9% at the end of 2027; the long-term federal funds rate is expected to be 2.9% and 2.8% in June.
The Federal Reserve began a rate-cutting cycle, lowering the federal funds rate by 50 basis points to 4.75% -5.00%, the first rate cut since March 2020.
The "Federal Funds Rate Futures" in the Golden Ten [Macro Kanban Board] shows that the current expectation for a 50 basis point rate cut is 59%, and the 25 basis points are 41%, compared with 65% and 35% before the US market. Click the link below to monitor changes in market pricing in real time > >