📌 The first Fed rate cut is now expected in September ! (after CPI)
The probability of a PAUSE at the Fed meeting on May 1 is almost 100%.
▪️Market expectations ( #FED rate ):
- June 12: Pause.
- July 31: Pause.
- September 18: decrease by 25 bp. up to 5.00-5.25%.
- November 7: Pause.
- December 18: decrease by 25 bp. up to 4.75-5.00%.