The “open mouth” committee overseas moved rate expectations this week, notes Michelle Gibley. She and Joe Mazzola give an overview of the markets and discuss what to watch for in international markets. Gibley mentions that the Bank of Japan commentary was the big surprise this week. Mazzola highlights that the CME Fed Rate Watch Tool moved the probability of a March cut today from 65% to 48%. They then preview expectations for next week’s Fed meeting. Tune in to find out more about the stock market today.
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