Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Piero Cingari

December Rate Cut Back On The Radar After Fed Officials Signal Dovish Tilt

Federal Reserve Building

After weeks of mixed signals, the Federal Reserve's tone on monetary policy turned noticeably more dovish Friday, driving a sharp repricing in interest-rate expectations ― with traders now seeing an almost 3-in-4 chance of a December cut.

According to the CME FedWatch tool, the odds of a 25-basis-point rate reduction at the Dec. 10 policy meeting jumped to 74%, up from just 25% the day before.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.