Fed fund futures traders no longer believe the Fed will cut rates next year, according to Michael Cramer, founder of Mott Capital Management. Traders expect rates to peak at around 3.7% by his March and remain so until late 2023.
Fed fund futures traders no longer believe the Fed will cut rates next year, according to Michael Cramer, founder of Mott Capital Management. Traders expect rates to peak at around 3.7% by his March and remain so until late 2023.
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