CoinVoice has recently learned that some analysts said that in today's volatile trading, the probability of the Federal Reserve cutting interest rates by 50 basis points next week has risen to nearly 50%. At this time yesterday, the probability of a 50 basis point rate cut was only 20-25%.
Earlier today, Nick Timiraos, the “Fed mouthpiece”, wrote about the Fed’s dilemma of whether to cut rates more or less, sparking some speculation that he may have gotten a hint from the Fed. (Jinshi) [Original link]