FOXNEWS The Journal Editorial Report June 4, 2024 20:13:00
Rate at 5 and by sort of the end of next year, it's going to start cutting because it'll have inflation under control. but the fact is that if you look at even the fomc minutes, or you know, there's a footnote on page 6 that the staff basically said, oh, the are risks are on the down side. and one way you can see that is you can back out from futures and options data what the probability -- probability distribution is a year from now. and if you look at that the, about a third of the mass is above 6. i'm not kidding, right? so markets are incredibly uncertain about where the fed's going to hav...