Any ideas? I’ve had fed fund futures explained to me once in the past… can’t remember the math.
lol fancy! thanks
For those that don’t have a Bloomberg terminal, you can view the implied probabilities of fed rate decisions with this cool tool from CME Group.
This also confirms that as of now, traders think rate cuts are on the table in the July meeting.
I don’t think we will see a cut in July, but I’d be happy to be wrong on this one