This is a repeat. The question we need answered is whether rates will be lower by the end of 2024. Market pricing for a cut next month is 53%, and 47% for a hold.
More:
- Says he’s closer to the median on neutral rate estimate
- Rates have a fair way to go before they get to neutral
- I caution against focusing on inflation in any one month
This article was written by Adam Button at www.forexlive.com.
