News list for " choose to bid"

If Fed officials choose to kick off a rate cut in the standard way, the record bets could cost traders big. Data compiled by the media showed that activity in the October Fed funds futures used by investors to bet on Wednesday's decision had surged to the highest level since the contract was launched in 1988. Most of these new bets are that the Fed will cut rates by 50 basis points. The data show that this...

2024-09-18 06:17:01