IN THE KNOW
AG UPDATE
DECEMBER 12, 2024 | AG BANKING
The Fed will meet for the final time in 2024 on December 19th and 20th. Current expectations are for a 25 bps decrease. The CME Fed watch shows (as of 12-5-24) a 70% chance of a decline with a 30% cha...
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AG UPDATE
NOVEMBER 25, 2024 | AG BANKING
Expectations for further rate cuts are continuing to decline. CME Fed Watch reports a 55.7% chance of another 25bps rate decrease in December, this is down from 72.0% a week ago. Looking out over the ...
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AG UPDATE
NOVEMBER 12, 2024 | AG BANKING
On November 7th the Federal Reserve decreased the over night rate by 25bps lowering it to about 4.75%. This was much inline with market expectations. The most recent PCE release shows that inflation i...
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AG UPDATE
OCTOBER 29, 2024 | AG BANKING
The next Fed meeting is November 7. As of October 24th, the CME Fed Watch tool predicts a 95% chance of a 25 bps reduction in the fed funds rate and a 71% chance of another 25 bps decrease in December...
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AG UPDATE
OCTOBER 15, 2024 | AG BANKING
It appears the the Fed may well achieve the “soft landing” that everyone has hoped for. In late July, Fed focus shifted to a worsening jobs market as inflation was steadily declining. This resulted in...
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