- December 2024 fed funds rate futures contract suggests that the Fed might lower rates by at least 108 basis points, implying that in the following two meetings, they expect two 25 bps rate cuts left in 2024.
- US Building Permits in August grew by 4.9% MoM from 1.406 million to 1.475 million.
- Housing Starts expanded by 9.6% and rose from 1.237 million to 1.356 million.
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