The risk to another Fed rate cut scenario
Steve Sosnick, Interactive Brokers’ Chief Strategist, discusses a possible rate cut at the Fed meeting next week.
With futures markets continuing to price nearly a 90% chance of a rate cut, there can still be market risks ahead.
“I don’t think the Fed is going to disappoint 90% of market participants,” says Sosnick. But what if the Fed offers forward guidance that suggests it’s taking a pause on rate cuts, he asks.
Photo Credit: Zooey via Flickr Creative Commons
Source: https://investing.interactiveadvisors.com/2019/10/the-risk-to-another-fed-rate-cut-scenario
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