Previous Close | 109.20 |
Open | 109.20 |
Bid | 103.60 |
Ask | 108.30 |
Strike | 2,140.00 |
Expire Date | 2025-06-30 |
Day's Range | 109.20 - 109.20 |
Contract Range | N/A |
Volume | |
Open Interest | 1 |
After an extraordinary 30-month monetary squeeze designed to zap a post-pandemic inflation spike, the Federal Reserve is finally set to cut interest rates this week - and it's now only a matter of how much. With another set of weak industrial and retail readings from China on Saturday and the FBI on Sunday pursuing a second failed assassination attempt on Republican presidential candidate Donald Trump, the news backdrop to this long-awaited Fed easing week is agitated to say the least. But investors are staying focussed for now on growing speculation the first Fed cut on Wednesday will be 50 basis points rather than 25 bps - not least as some see last week's press reports as a possible steer even as Fed officials remain in their traditional pre-meeting quiet period.
Technology investors are assessing the implications of the Fed’s interest rate policy decision this coming week.
A calmer inflation backdrop and weakening labor market could provide scope for more rate cuts. Plus, investment newsletter commentary on small-caps, energy stocks, and “zettascale” AI computing.