100% Chance of a .5% Point Cut in March

Hey, it’s not me speculating upon that. It’s the CME wise guys. A Corona-cut is on the way.

On Friday we noted 100% chance of a cut with a 27% chance it would be a .5% cut. Well, now things appear more dire, or bullish, or bearish or… frankly, pathetic (in my opinion). A thus far moderate health disaster comes along and this system cannot withstand it. What little interest rate seed corn the Fed has will be used up in no time. Then I guess it’s on to the more exotic tools they have at their disposal.

So the Fed will cut .5% at or before the March 18th FOMC meeting. So say da boyz at da CME. Uncle Buck is taking it to heart so far.

cme fomc

Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar and get even more by joining our free eLetter. Follow via Twitter @NFTRHgt or StockTwits.