Why is still March FOMC Starting Rate Cuts?
@MaverickWealthBuilder:
The January FOMC meeting of the Federal Reserve maintained the benchmark interest rate, as expected. Powell's wording indicated that almost all committee members believe that a rate cut is appropriate this year, but they do not see a rate cut in March as likely. The decision to cut rates depends on the economic situation. The implication is that the Fed does not want to raise market expectations too soon, so it actively dampened expectations for a rate cut in March. However, there is a wide range of views within the Fed's committee on the rate cut.Previously, the market implied a 50% probability of a rate cut in March and six rate cuts throughout the year. After the meeting, the implied probability of a rate cut in March decreased to 35%.Rate cut no longer a bullish factor?Looking ahead, e