Jim Cramer Says ‘Interest Rates Can Fall, Too!!’ as October Fed Hike Odds Fall to 21.6% — Here’s What Traders Are Betting On
Jim Cramer cheers "Interest rates can fall, too!!" as CME FedWatch data shows the odds of an October Fed rate hike dropping to just 22%.
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Why It Matters
People now think the Federal Reserve is less likely to raise interest rates next month. When rates might go down instead, that can be good news for stocks and borrowers.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.