Countdown to Next Federal Open Market Committee (FOMC) Rate Hike
CME FedWatch Tool Predicts Market Expectations
The CME FedWatch Tool calculates the market's expectation on the Federal Reserve's (Fed) next Federal Open Market Committee (FOMC) rate hike, based on the Fed Funds target rate.
Key Details of the FOMC
The FOMC holds eight scheduled meetings annually and may hold additional meetings as needed. Policy statements and minutes from these meetings are available online.
The upcoming FOMC meeting is scheduled for June 11-12, 2024. Investors closely monitor these meetings as they can significantly impact markets.
Recent Market Activity
Treasury bonds experienced a surge in demand on Wednesday, leading to a significant drop in the 2-year yield, which fell by 252 basis points to 4.477%.
Komentar