RPT-ROI-What would it take for the Fed to raise rates?: McGeever
RPT-ROI-What would it take for the Fed to raise rates?: McGeever is drawing significant interest across the industry.
But as outgoing Fed Chair Jerome Powell said last month, nobody on the 19-strong rate-setting Federal Open Market Committee considers it likely that their next move will be a hike. Interest rate futures traders, having ?heard the message loud and clear, continue to anticipate two quarter-point cuts by December, with the door creaking open for a third.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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