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Rate Hikes Coming — Prepare for Cuts?
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Rate Hikes Coming — Prepare for Cuts?
Everyone’s laser-focused on this week’s Fed meeting — and the likelihood we’ll see a rate hike coming out of it. But the real Moneyball play here isn’t about rate hikes at all… Because the same economic forces that are driving the Fed to hike rates today will ultimately force them to cut rates early next […] The post Rate Hikes Coming — Prepare for Cuts? appeared first on Money & Markets.
Tonight at 8:00 PM, we'll hear the most anticipated central bank decision of the year. The market is over 90% pricing in the first US rate hike since July 2023, but paradoxically, it's not the move itself that will determine the dollar's direction.
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