Tag Archives: Open Market Committee

Over 23% of traders now expect interest rate cut at next FOMC meeting

Over 23% of traders now expect interest rate cut at next FOMC meeting

In the March Federal Open Market Committee (FOMC) meeting, there has been a rise of 23% for traders who are expecting an interest rate cut after investor fears that Kevin Warsh’s position is hawkish, US President Donald Trump’s nominee for his Federal Reserve chair. A rate cut was expected by investors and traders to surge nearly 5% from Friday, when …

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