Today news
About the same in other media
Traders keep view the Fed is probably done with rate hikes
Reading now: 660
investing.com(Reuters) — Futures contracts that settle to the Federal Reserve's policy rate on Wednesday reflected growing confidence that the U.S. central bank probably will not increase borrowing costs any further, even after the U.S. government reported August inflation accelerated.
After the report the contracts pared earlier losses, as traders priced in a receding likelihood that the Fed will raise the policy rate beyond the 5.25%-5.5% range set in July. The prices now imply about a 60% chance the Fed will keep rates to that range through year end, versus a closer-to-even chance before the report.
Read more on investing.comAbout this in other media
'24 Hours With Gaspar': First trailer released, world premiere, star cast, producers, film festival economictimes.indiatimes.com /1 year ago
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night abcnews.go.com /1 year ago
View: India has a complicated relationship with its heritage its time we value it economictimes.indiatimes.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
