Of course, there’s always multiple views - and I’m not all knowing, of course I could be wrong. I’m basing my views on the market though; the interest rate derivatives are pricing only the probability of a smaller rate rise, but certainly not a cut or hold.
The problem with doing a cut is that it shows fed weakness, and part of getting inflation down is the psychological aspect. A single cut or pause won’t solve the issue facing these poorly structured bank balance sheets, they still have a liquidity issue.
Bet you a pint they stay the course with raises
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Last
9.9¢ |
Change
0.002(2.06%) |
Mkt cap ! $127.9M |
Open | High | Low | Value | Volume |
10.0¢ | 10.3¢ | 9.9¢ | $88.93K | 887.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 100000 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 94898 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 100000 | 0.097 |
3 | 236785 | 0.096 |
1 | 100000 | 0.095 |
1 | 5425 | 0.094 |
1 | 50000 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 94898 | 1 |
0.100 | 376940 | 5 |
0.105 | 1324226 | 14 |
0.110 | 1313826 | 8 |
0.115 | 552364 | 13 |
Last trade - 10.41am 13/09/2024 (20 minute delay) ? |
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