A recent update provided by CNBC sheds light on the current expectations of the market regarding a potential rate hike from the Federal Reserve. It goes without saying that this marks a complete 180-degree turnaround from the financial dialogue observed throughout the last several months and quarters. During that previous period, the primary focus was centered entirely on exactly when the Fed might reduce rates and the overall magnitude of those cuts. Moreover, this notable shift in perspective is arriving during a time characterized by an endogenous tightening of liquidity conditions.
#economy #markets #federalreserve