These are all sensible arguments for lower rates. Nonetheless, this week’s decision carries risks. One is tactical. The Fed has validated the impression in financial markets that investors’ expectations drive the central bankers’ decisions. It has done nothing to dispel the idea that if Wall Street clamours loudly enough for a rate cut—and futures markets price one in with any degree of certainty—the Fed will oblige
->Is 'price' a verb here? If not, I don't get the meaning of the blue part.
Top answer
Hi, These are all sensible arguments for lower rates. Nonetheless, this week’s decision carries risks. One is tactical.
— Clive
Hi, These are all sensible arguments for lower rates.
Nonetheless, this week’s decision carries risks.
One is tactical.
The Fed has validated the impression in financial markets that investors’ expectations drive the central bankers’ decisions.
It has done nothing to dispel the idea that if Wall Street clamours loudly enough for a rate cut—and futures markets price one in with any degree of certainty —the Fed will oblige ->Is 'price' a verb here?
Free · every Monday
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
These are all sensible arguments for lower rates. Nonetheless, this week’s decision carries risks. One is tactical. The Fed has validated the impression in financial markets that investors’ expectations drive the central bankers’ decisions. It has done nothing to dispel the idea that if Wall Street clamours loudly enough for a rate cut—and futures marke