32.5% chance the Fed will cut rates by 50 bp in Sep. with a 67.5% chance for a 25 bp cut.

Aug 22, 2024 Aug 22, 2024

The dollar is near its lowest against the Euro and Sterling, impacting rate cut predictions. Current index stands at 101.14.

[{"selector":"#anim-d4d18f0a-177f-4d26-b459-8b1ec2a55c1f","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5b92ebd-cc10-495c-80f7-e90e711fb20e","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7879cde5-42f4-4ef5-897b-e195f15e1fdf","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9791115e-110b-42e2-bed9-124a7525865c","keyframes":{"transform":["rotate(-90deg) translate3d(0px, 50.32978%, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-23291162-bb69-4e33-ac48-42206ee3c31b","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a574c964-563c-4157-8468-687713bbe7fc","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7eb8ea1d-8848-4084-88b2-277548f21b47","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

Euro is steady at $1.1154, and Sterling at $1.3092, reflecting stability seen in July 2023.

[{"selector":"#anim-ffed7b62-3f12-4c32-ad07-4290caf567d9","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eec21022-e755-4db6-a475-6207730315a0","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a5fc977-a933-4994-bc86-a4fb1e7d1c17","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fa063105-12b1-4005-90c0-fb4ea82610de","keyframes":{"transform":["rotate(-90deg) translate3d(0px, 50.32978%, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-44f6eca0-5e6e-43fe-b903-5a3f1c620efb","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3dc1b968-1fdf-41a8-9940-5697504a2aab","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0082b32f-bbdc-4391-a7f5-63c79e9c8aa7","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

July meeting minutes show Fed officials strongly support reducing borrowing costs.

[{"selector":"#anim-3e0c8ffa-5a8c-4ae4-8a79-b9d8630b31b5","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-599c0096-bd85-404b-a58c-7dc0b957ebc9","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8b1ab4b8-8397-458a-a1d4-a7200c01b2de","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cc43e376-b6c8-4b7a-bb22-3840045a07e4","keyframes":{"transform":["rotate(-90deg) translate3d(0px, 50.32978%, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-460e06a1-46fa-49d5-9558-b5a3100f1567","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd58926f-b496-4fea-8faa-27211381004b","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e357d4fe-9452-4193-ab14-8db6defec0ee","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

The next FOMC meeting is scheduled for September 18, 2024, to discuss potential rate cuts.

[{"selector":"#anim-488e9422-5319-4c9c-8c49-c4258f70fb0f","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec36d4f1-5507-4411-a67c-de8489191442","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-30ae7079-ddb4-41c3-8c99-1dc930e9f97a","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1b736a35-8d66-482a-b9d3-25225d034ac9","keyframes":{"transform":["rotate(-90deg) translate3d(0px, 50.32978%, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-abcdf9b9-c6a3-447e-a1db-e0d76bae6032","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-490c8a05-1e37-45dd-ba33-e01e0280ec00","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c91c61ef-50f2-4309-b7c9-ff015de49e51","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

LOOKING FOR MORE INFORMATION?

[{"selector":"#anim-6a4e68ee-a4bf-4491-bcb2-ef201fa32bfb","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-095cea97-e7e1-4ca5-a525-4aedde9267a0","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c3ec1cc-7259-49bf-b2ff-4e4762cc9045","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-711d9535-bf1e-47f5-aa5b-5181c0ce3a1f","keyframes":{"transform":["translate3d(49.99990%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8f946161-91e5-4a10-a28a-54b3af88fdfa","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f4a672dc-b388-4e2b-b92f-0d962c4dcc48","keyframes":{"opacity":[0,1]},"delay":1250,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2fd6c4f3-7e20-414a-81e5-85de981197ac","keyframes":{"transform":["scale(1)","scale(1.4)","scale(0.96)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":500,"duration":1500,"easing":"ease-in-out","fill":"both","iterations":2}] [{"selector":"#anim-de6b0fad-c983-49f3-b6ec-68aae66a27e8","keyframes":{"transform":["scale(1)","scale(1.4)","scale(0.96)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":500,"duration":1500,"easing":"ease-in-out","fill":"both","iterations":2}] Terrain Map Click Here Off-White Arrow Tap to Read More Tap to Read More