Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

[progree]

12. A 0.5% rate cut is very much on the table, all of a sudden

The FedWatch tool says a 49% chance of a 0.50% rate cut and a 51% chance of a 0.25% rate cut
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

Stock market today: Stocks rise with jumbo Fed cut back on the table, Yahoo Finance, 9/13/24
https://finance.yahoo.com/news/live/stock-market-today-stocks-rise-with-jumbo-fed-cut-back-on-the-table-133138258.html

The odds of a 0.5% reduction jumped amid reports by the Financial Times and The Wall Street Journal that the size of the Fed's Sept. 18 decision will be a close call. Adding to the debate, influential former New York Fed president Bill Dudley said there's a "strong case" for a deeper cut.

The yield on the benchmark 10-year Treasury (^TNX) slipped Friday, down 2 basis points at around 3.66%. At the same time, the yield on 2-year notes, seen as sensitive to monetary policy, dropped to just above 3.58%.

Aside: my new bonds and interest rates page https://www.democraticunderground.com/111698737#post4