đ¨ Market Watch: Fed Decision Looms! đ¨
- Traders are on edge as the Fed's big rate cut decision nears. Will it be a super-sized cut? đ¤
- U.S. retail sales spike threw a wrench in the 50-bps cut bets, but futures now steady at 65%.
- Dollar slips against yen, while U.S. short-term Treasury yields climb.
- Equities mixed: Japan's Nikkei rebounds, European futures hint at small losses.
- Fed's easing outlook: 2x 50 bps cuts + 1x 25 bps cut in 2024.
- U.S. consumer health strong: record high net worth, 23-year low debt.
What do you think the Fed will decide? Comment below! đ #Forex #Economy #Crypto #FedDecision