Fed’s Rate-Cut Debate Intensifies, Dollar Tumbles Amid Renewed 50bps Speculation
Dollar fell sharply overnight as the probability of a 50bps rate cut by Fed next week increased significantly. According to fed fund futures, the odds of a half-point cut now sit at around 40%, a notable jump from just 14% the day before. Market participants had widely assumed that Fed was firmly on track for […] The post Fed’s Rate-Cut Debate Intensifies, Dollar Tumbles Amid Renewed 50bps Speculation appeared first on Action Forex.
Dollar fell sharply overnight as the probability of a 50bps rate cut by Fed next week increased significantly. According to fed fund futures, the odds of a half-point cut now sit at around 40%, a notable jump from just 14% the day before. Market participants had widely assumed that Fed was firmly on track for […]
The post Fed’s Rate-Cut Debate Intensifies, Dollar Tumbles Amid Renewed 50bps Speculation appeared first on Action Forex.
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