YB
@yb
On tomorrow's FOMC meeting: "Looking forward, we expect the FOMC to ease policy with additional 25bp rate cuts in November and December. We also look for the Fed to continue reducing rates by 25bp at each meeting next year until it reaches 3% by October 2025. We forecast the upper end of the Fed funds target range to end 2024 at 4.75% and 2025 at 3.00%." https://www.tdsecurities.com/ca/en/september-2024-fomc-preview
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@baseddesigner.eth
it’s scary how those tiny bps numbers affect everyone in US and beyond
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