Quote:
Originally Posted by Winsor_Pilates
Word on the street is the overnight rate likely hits 3% by end of night year (currently 4.25%).
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That'd be pretty extreme, given that there are only 2 meetings left this year. A 0.75% drop in a single meeting is pretty rare and has only happened once in the last 20 years. Back when rates were higher they were a bit more common, but that kind of movement is probably only going to happen if things really fall apart.