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overnight interest rateReuters
•80% Informative
Futures on the fed funds rate have priced in a nearly 60% chance of a 50 basis-point rate cut.
That was up from 45% last Friday and from 25% following the release of an in-line U.S. consumer price index report last week .
The Fed will hold a two-day policy meeting starting on Tuesday .
The rate reduction, however, has turned into a coin flip between 50 and 25 bps over the last few days .
VR Score
92
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98
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72
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