From da boyz who’z doin’ da pridictin’ at da CME Group…
Say the Fed Futures traders, July is 100% going to see a cut and 25% see .5%. Cough cough, strong Retail sales today… cough cough.
16% see a .75% cut from now to the September meeting.
6% see a full 1% coming off the rate by October.
10% see July’s cut as a ‘one and done’ but by December a full 87% see cuts from today of at least .5% in 2019.
So there you have it. The Good Ship Lollypop sails on with its consumer economy humming along, no inflation (ha ha ha) and da boyz predicting that the Fed will continue to try to woo said inflation because after all, who wants low prices that people can afford in a debt-fueled Zombie Economy? There’s a world full of other Zombie Economies out there to compete with, after all.
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