Charlie Bilello
Charlie Bilello

@charliebilello

2 Tweets 6 reads May 09, 2023
Current market expectations for path of the Fed Funds Rate...
-Jun 14, 2023: Pause
-Jul 26, 2023: Pause
-Sep 20, 2023: 25 bps cut to 4.75-5.00%
-Nov 1, 2023: 25 bps cut to 4.50-4.75%
-Dec 13, 2023: 25 bps cut to 4.25-4.50%
-By Dec 2024: cuts to 3%
Months between last rate hike and subsequent rate cut in past 3 cycles...
1) Dec 2018 (hike to 2.25-2.5%) - Jul 2019 (cut to 2.20-2.25%): 7 months.
2) Jun 2006 (hike to 5.25%) - Sep 2007 (cut to 4.75%): 15 months.
3) May 2000 (hike to 6.5%) - Jan 2001 (cut to 6.0%): 8 months.

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