What are AXI and FXI telling markets about current financial conditions?
What are AXI and FXI telling markets about current financial...

| In Research Note

Market Insight – February 2024 Recent commentary by US Federal Reserve officials indicates that the FOMC is likely to ease policy in the coming months. As we are writing this in mid-February, US interest rate futures markets are pricing in between three- and four- 25bp eases before year-end, with a high likelihood of more following in 2025. In January, a Federal Reserve Bank of New York (FRBNY)…

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