This time, the big one is really coming!

The huge waves are coming, are you still bearish?

The European Central Bank announced a 25 basis point rate cut, the first since 2019!

Economists at the Bank of the United States said in a report that the Federal Reserve is likely to keep interest rates unchanged next week and expects two rate cuts this year starting in September.

"The upcoming data should convince the Fed that the economy is cooling, but it needs more evidence of slowing inflation before it can cut rates," the bank said.

This forecast coincides with market pricing based on CME data.

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