ilmscore | Prediction Details
"we can look at the CME fed watch tool our handy tool over there and you can see that last week we were expecting a 53% chance of a 50 basis point cut and uh since the labor numbers came out it's gone to 0% so it looks like all is set for a 25 basis point cut at least according to the Futures Market uh when it get to the November meeting U which probably means another 25 in December according to and that goes according to the FED Dot Plot which said another 50 basis points Accord for the rest of the year okay"
By Coin Bureau | October 7, 2024 | Pending
From video
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Interpreted Prediction
Market expectation shifted from a 50 basis point Fed cut to a 25 basis point cut in November, with another 25 basis point cut likely in December, based on recent labor data and the Fed Dot Plot.

Prediction Details

Topic
US Economy

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