FED interest rate cut? Will it?

According to CME analysts, the chance of the FED cutting interest rates by 0.25 bps is 56.2% at its next meeting on December 18. During his speech in Dallas, Texas, on November 14, FED Chairman Jerome Powell stated that “the economy is not sending any signals that we need to rush to cut rates,” following recent cuts of 50 and 25 basis points (bp) in September and November. This statement suggests a cautious stance by the FED, keeping interest rates steady while assessing the current economic strength, which directly impacts risk assets such as Bitcoin.