The market is pricing in three waves of rate cuts by December 2025.
The probability of the range dropping to 350-375 bps is almost 47%, to 375-400 bps - another 42%
This means the Fed is almost guaranteed to start easing policy this fall.
The probability of the range dropping to 350-375 bps is almost 47%, to 375-400 bps - another 42%
This means the Fed is almost guaranteed to start easing policy this fall.