Expectations of a Fed rate cut are rising, and crypto market liquidity may see key positives
According to the analysis of OKEx Research Institute, the Fed's interest rate decision at 2:00 a.m. on Thursday (Beijing time) will be the "final preview" of the rate cut. The signal released by this meeting will be crucial for the liquidity of the crypto market in the second half of the year.
According to the Fed's target range for the federal funds rate (its key interest rate, hereinafter referred to as a rate cut) at the end of this policy meeting, the probability is only 3.1%, but on September 18, the probability of a rate cut of at least 25 points is as high as 89.6%, and the probability of a rate cut of 50 points is 10.1%.
Compared with the data on July 16, more traders are optimistic that the rate cut will be at least 50 points in September in recent days (on July 16, there is a 6.7% probability of a rate cut of 50 points).