PlayfulPanda pfp
PlayfulPanda

@playfulpanda

"A significant downside surprise in labor market data could lead to a sharp decline in interest rates. We remain biased towards long and expect rates to continue to move lower throughout the year." According to the CME FedWatch Index, traders are almost certain that the Federal Reserve will cut interest rates by one basis point next week (9/17) and lower the federal benchmark interest rate to the range of 3.75% to 4% before the end of the year.
0 reply
0 recast
0 reaction