(Reuters) - CHICAGO, July 31 - U.S. short-term interest rate
futures weakened on Tuesday in a profit-taking setback from
recent gains, but bounced from the day's lows after news of
mild inflation in June.
No change to overnight lending rates rates is expected to
be made at the Federal Open Market Committee policy meeting on
Aug. 7 and implied prospects for a rate cut at the Sept.
18 FOMC meeting are at 25 percent, down from 40 percent.
Read more at Reuters.com Bonds News
futures weakened on Tuesday in a profit-taking setback from
recent gains, but bounced from the day's lows after news of
mild inflation in June.
No change to overnight lending rates rates is expected to
be made at the Federal Open Market Committee policy meeting on
Aug. 7 and implied prospects for a rate cut at the Sept.
18 FOMC meeting are at 25 percent, down from 40 percent.
Read more at Reuters.com Bonds News
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