What's the Fed rate outlook right now? After the jobs report, the probability of a pause jumped to \~96%. The FOMC meeting is about 2.5 weeks away. I don't believe the market will stop pushing the -25 bps cut narrative. Even if a pause is the base case, that story tends to get
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What's the Fed rate outlook right now? After the jobs report, the probability of a pause jumped to \~96%. The FOMC meeting is about 2.5 weeks away. I don't believe the market will stop pushing the -25 bps cut narrative. Even if a pause is the base case, that story tends to get