SCHQ - How Rates Stand As Fed Cuts Near
2024-06-23 09:49:11 ET
Summary
- The Federal Reserve will likely cut rates later in the year.
- As cuts near, there are several important rate trends that investors need to be aware of.
- These include more hawkish positioning from the market, narrower credit spreads, and elevated interest rates across the board.
Federal Reserve guidance has been in flux these past few months. We had a hawkish Fed during most of 2023, with significant rate hikes and hawkish guidance . The Fed began to pivot in very late 2023, and guided for several rate cuts this year . These have failed to materialize, due to a lack of further progress on inflation. Off course, the latest CPI figures show no change in prices this past May, which could presage a dovish shift in the coming months. Assuming inflation remains extremely low, at least.
Considering the above, and as the Fed continues to expect some rate cuts this year, thought to have a thought to have a closer look at how interest rates stand right now....
How Rates Stand As Fed Cuts Near