Interest rate futures now have a BASE CASE of a 50 basis point interest rate cut at the September Fed meeting. There is now a ~71% chance of a 50 basis point interest rate cut in September - Sky-Tide Marketing

Interest rate futures now have a BASE CASE of a 50 basis point interest rate cut at the September Fed meeting. There is now a ~71% chance of a 50 basis point interest rate cut in September

August 2, 2024

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Very funny! They found a way out: The largest bank in Russia has advised clients to seek loans in Belarus due to Russia’s monstrously high interest rate. The key interest rate difference between the two countries is striking: Russia at 21%, compared to Belarus at 9.5%

The key (or refinancing) rate refers to the interest rate at which commercial banks borrow money from the central bank.