According to BlockBeats, the swap market on March 14th showed that the Federal Reserve's rate cut in 2024 is expected to be less than 75 basis points.
This information comes as market participants continue to monitor the central bank's monetary policy decisions and their potential impact on the global economy. The Federal Reserve's actions play a crucial role in determining interest rates, inflation, and overall economic growth.
As the world economy continues to recover from the effects of the COVID-19 pandemic, central banks around the globe are closely watching economic indicators to determine the appropriate course of action for their respective monetary policies. The swap market's indication of a less than 75 basis points rate cut in 2024 suggests that the Federal Reserve may be taking a cautious approach to easing monetary policy in the coming years.