not a given . tad better than evens for 50bp . todays probability to come will give final direction but going by the trend in fed fund futures and pooles reassurances that there will not be rate rises in foreseeable future i see it as a statement to soften landing when we only get 25bp cut tomorow
Summary Table
December 4: 28% for -25 bps versus 72% for -50 bps.
December 5: 43% for -25 bps versus 57% for -50 bps
December 6: 50% for -25 bps versus 50% for -50 bps.
December 7: 59% for -25 bps versus 41% for -50 bps.
December 10:
December 11: FOMC decision on federal funds target rate
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