đ„ The Fed meeting will take place tomorrow (21:00 Moscow time)
Consensus forecast - a 50 bp interest rate cut (probability = 65%)
âïžTwitter is actively pushing the topic of similarities between 2007 and 2024. In 2007, the Fed also cut the rate for the first time after a long cycle of monetary policy tightening.
â«ïžBlackRock is confident that the Fed rate cut will not be as significant as the market expects.
â«ïžReuters analysts expect a 25 bp rate cut at tomorrow's meeting + two more times by 25 bp this year.
