đ„đ„đ„ FED RATE CUTTERS EXPECTATIONS ARE INCREASING: 50 BASIS POINTS PROBABILITY INCREASES TO 63%âŒïž
Investors increased their expectations that the US Federal Reserve (Fed) will cut interest rates by 50 basis points this week. According to CME Group data, the probability of a 50 basis point cut at the Fed's September 18 meeting has increased to 63%. This rate was around 15% a week ago. This development was triggered by higher-than-expected inflation in August and signs of weakening in the labor market. Deutsche Bank analysts say that a large rate cut will not surprise the markets. However, some economists see a smaller cut as possible.
As a result, the steps the Fed will take are at a critical juncture for the markets.
