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Rate Futures Market Says Fed Is All But Done With Hikes

Video Credit: Wochit News - Duration: 00:35s - Published < > Embed
Rate Futures Market Says Fed Is All But Done With Hikes

Rate Futures Market Says Fed Is All But Done With Hikes

According to Reuters, Stocks fell sharply on Monday amid concern about slowing economic growth and the government shutdown.

On Monday US President Donald Trump labeled the Fed as the “only problem” for the U.S. economy, as Treasury Secretary Steven Mnuchin made unsuccessful efforts to soothe investors’ concerns over Wall Street’s deepening losses.

Rate futures last week for the first time began pricing the possibility of the Fed reversing course on its rate hike regime starting in 2020.

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