The Fed's expected 50 BPS rate cut has the market buzzing with a 65% probability 🏦💸.
Historically, the Fed has tended to cautiously cut 25bps to start rate-cutting cycles. However, there have been exceptions in:
• The Dot-Com Bubble of 2001 📉
• Financial crisis of 2007 🤯
Interestingly, both periods saw#CPIbelow 3% and unemployment above 4%.
If the#Fedstrategy successfully delays a recession,#cryptocould skyrocket into a bull run 🐂💰. But be careful, a recession in Q1 could cause a market crash.
Beware, this decision could shape the financial landscape in 2024! 🌍📊
DYOR! #Write2Win #Write&Earn #Write2Learn #Write2Earn!