Lates News

Option traders' views on the recent interest rate trajectory of the Federal Reserve are becoming increasingly diverse, with bets pointing in different directions. From betting on a rate cut in the coming months to varying degrees of rate hikes, opinions are split. Pricing in the swap market suggests that the Federal Reserve's decision to keep rates unchanged at Wednesday's meeting is almost certain, with all eyes now turning to Chairman Powell's first press conference to look for clues about future policy. Despite the US and Iran preparing to formally sign a temporary peace agreement, oil prices have fallen to a three-month low, providing some relief to inflation pressures. However, future policies remain uncertain.