Will the Fed make an emergency unscheduled rate cut in August 2024?
➕
Plus
100
Ṁ26k
resolved Sep 1
Resolved
NO

Resolves YES if in August 2024, the Fed cuts the fed funds rate outside of one of their scheduled meetings: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm.

See the red highlighted actions in https://en.wikipedia.org/wiki/History_of_Federal_Open_Market_Committee_actions#Historical_actions for historical examples - the most recent was an emergency rate cut at the beginning of the Covid pandemic.

Context: https://finance.yahoo.com/news/bond-traders-bet-big-fed-190000721.html "Traders now see a roughly 60% chance of an emergency quarter-point cut within one week."

Treasuries Surge as Traders Bet on Emergency Fed Rate Cut
(Bloomberg) -- Bond traders are piling into bets that the US economy is on the verge of deteriorating so quickly that the Federal Reserve will need to start easing monetary policy aggressively — potentially before their next scheduled meeting — to head off a recession.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a
#Economics
#Global Macro
#Inflation
#Interest Rates
#Federal reserve
Get
Ṁ1,000
and
S3.00
Sort by:

Sorta-arb: /Sketchy/will-the-fed-cut-rates-before-their

Related questions

© Manifold Markets, Inc.•Terms + Mana-only Terms•Privacy•Rules