Its Over, page-21521

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    Rate cuts according to Jim Bianco

    https://x.com/biancoresearch/status/1783834574927384860

    Fed Cut Probability Update

    May 1 FOMC meeting (green) less than 50% (meaning no move)
    June 12 FOMC meeting (blue) less than 50% (meaning no move)
    July 31 FOMC meeting (red) less than 50% (meaning no move)
    September 18 FOMC meeting (orange) less than 60% (since it is 5 months away, effectively a coin-toss)

    After this, the next FOMC meeting is Thursday, November 7, two days after the election.

    In reality, the Fed is on hold until after the election, at the earliest, provided the data slows enough to warrant a cut, which is currently not doing.

    ...earliest in September?
 
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