Bank of America now sees Fed cutting 25 bps in November from 50 bps

• Bank of America sees the Fed lowering rates by 25 basis points

The market is pricing in just a 6% chance of a cut. Pricing in Fed fund futures shows 25.9%.

Is it too early for someone to make the 'hold' call?

Tags

• Fed

• Follow Fed
• Save

Most Popular

• JPMorgan now sees the Fed cutting by 25 basis points
• The US jobs report sends the USD higher but what about the technicals for 3 major pairs
• Oil price climbs to 6-week high, breaks key resistance levels
• AUD/USD forecast to 0.71 this quarter - China stimulus, RBA rates among reasons for bid
• WSJs Timiraos: A solid September payroll takes a lot of November Fed meeting
• Wednesday marked one of the largest daily USDJPY pip returns in FX history
• Biden: US is discussing Israel striking Iran oil facilities