🔥 Market Anticipates Rate Cut in December 🔥
The decentralized finance (DeFi) market has intensified its bets on a possible interest rate cut by the Federal Reserve in December. Following the release of payroll data, the market has increased its expectation of a 25 basis point cut by the Federal Reserve, further raising the likelihood of a rate cut in December. Additionally, the consumer price index (CPI) for the United States for the month of November has raised the probability of the Federal Reserve cutting rates in December to almost 100%. This increased anticipation reflects the market's response to recent economic indicators and the prevailing sentiment regarding monetary policy adjustments.
#Economy #Market #FederalReserve 📈📊💰