The Fed cut rates by 50bp yesterday, which came more as a surprise to economists’ consensus than for markets, which had priced around a 65% probability of a half-point move.
The Fed cut rates by 50bp yesterday, which came more as a surprise to economists’ consensus than for markets, which had priced around a 65% probability of a half-point move.
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ByglobalreutersJanuary 19, 2025EURUSD:USDJPY:GBPUSD:USDCHF:USDCAD:AUDUSD:NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.
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