Expected Fed Funds Rate (Lower Band)
We will try to post this on a daily basis showing the expected value of the Federal Funds rate (lower band) at each of the FOMC meetings over the next year and recent changes in the market expectations.
The data illustrate no change expected in Fed Funds at next week’s FOMC; 25 bps cut at July meeting; decent odds of another cut in September; two rate cuts by the October meeting; and three cuts by January.
We will add the probability matrix in the next post.
Source: https://global-macro-monitor.com/2019/06/11/expected-fed-funds-rate-lower-band/
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