Search Results for: fed funds

Fed Funds Rate vs. S&P 500 This chart suggests that the Fed funds rate leads the S&P 500 by 1 to 3 years since the 1990s. Picture source: Wells Fargo Investment Institute

Expected Fed Funds Rate as of July 10, 2019 Fed funds futures for January 2020 imply an expected rate of only 1.80%. Click the Picture to Enlarge

Forward Performance Following First Fed Funds Rate Cuts After first Fed rate cut, the S&P 500 performance is quite attractive on average when no recession. See also “Dow Jones Industrial Average Around First Fed Rate Cut.” Picture source: Strategas

Before the Next FOMC Meeting, the Fed Funds Market Is Pretty Accurate Probability of a Fed rate cut on July 31, 2019: 100% (Fed funds market expectation). Picture source: Bianco Research

The Fed Funds Market Is Rarely Wrong About the Next FOMC Meeting Seven days before a FOMC meeting, the market has been accurate 95% of the time since 1994. Picture source: Bianco Research