NEWS & EVENTS
AG BANKING
AG UPDATE
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...
READ MORE
AG UPDATE
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 ...
READ MORE
AG UPDATE
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...
READ MORE
AG UPDATE
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...
READ MORE
AG UPDATE
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...
READ MORE