‼️ 🗓 Fed is preparing to implement the third consecutive interest rate cut

Investors predict that the Fed will definitely cut interest rates in this week's policy meeting. However, next year, the question of whether the Fed will continue to cut interest rates will become much harder to predict.

The U.S. economy has proven to be much more resilient than what officials predicted just a few months ago, as recent data indicates that inflation is decreasing more slowly than expected, while the labor market remains strong. This is prompting the Fed to reconsider its policy approach, which could lead to changes in the wording of the statement after the meeting and an upward revision of the future interest rate path forecast.

According to the CME Group's FedWatch tool, financial markets are expecting the Fed to cut interest rates by 25 bps down to about 4.25 - 4.5%. This will be the third cut since the Fed began lowering rates in September, bringing rates down more than 100 bps from the previous peak.

The post-meeting press conference of Fed Chairman Jerome Powell, scheduled to take place at 2:30 AM tomorrow according to Vietnam time, will be the focus of market attention. Investors will be looking for signals from Powell about whether the Fed may pause interest rate cuts in the future.

Market volatility often occurs around these major events, and it’s worth reminding everyone to keep their hands off the long-short button, the news is released to legitimize price movements that could potentially kill both ends! Oh, and by the way, if you have 💵 USDT, just hold onto it, wait for another dip to buy, and then do whatever you want next year!