>>21544429I am surprised they didn't do another jumbo 50 today and went for a measly limp dicked 25.
However, I will stick with my guesstimate that there'd be 75 to 100 bps cut until the end of 2024, which leaves 50 to 75 bps left for 2024 after today.
I expected the markets to demand 50 bps on the next FOMC meeting. If the Fed doesn't deliver, the bigs might get pissy.
Especially with reported inflation numbers collapsing like lawn chairs now, which is also something I clown worldishly expect.