📉 The Federal Reserve's interest rate cut trend is here! 📉
According to CME's "Fed Watch", the probability of a 25 basis point cut in November has reached 96.3%! Meanwhile, the likelihood of maintaining the current rate is only 3.7%🤏. As for December, market predictions have become even more interesting:
The probability of keeping the rate unchanged has dropped to 1%; the probability of a 25 basis point cut is 28.5%, while the chance of a 50 basis point cut has soared to 70.5%📊!
Potential impacts on the market 🌐:
Positive: Rate cuts generally boost liquidity, especially benefiting the crypto market and high-risk assets 💥. Concern: Rapid rate cuts may also signal economic slowdown risks, which cannot be ignored 📉.
Every move of the Federal Reserve affects the global market, what kind of waves will the final decision in November bring? It's worth keeping an eye on; this market trend has potential! 👀💸
