From Investing.com: 2024-04-18 08:08:00

Market expectations for rate cuts have been consistently pushed forward, with September now seen as the earliest date for policy easing. Fed funds futures show a 71% probability of a rate reduction at the Sep. 18 meeting, down from previous forecasts for June. Some economists believe rate cuts may be delayed until at least March 2025. The Treasury market is on edge, with the 2-year rate hovering around 4.9 receding inflation data due on Apr. 26 could provide more clarity. Until then, expect some stasis in Treasury yields and rate-cut expectations. The future remains uncertain.



Read more at Investing.com: Rate-Cut Forecast Now Seen for September at Earliest