Fed’s rate decision looms with 63% odds favoring a cut

The central bank’s Federal Open Market Committee (FOMC) will vote on whether or not to lower the base interest rate on Sept. 18 and recent shaky jobs reports have increased speculation that the Fed might pivot from its tightening stance to support employment. The current target rate probabilities indicate a 63% chance of dropping the […] source: https://cryptoslate.com/insights/feds-rate-decision-looms-with-63-odds-favoring-a-cut/