☄️ Market Buzz: Fed Rate Cut Expectations ☄️
BlackRock is throwing cold water on expectations, claiming that the Fed's rate cuts might not be as drastic as anticipated. 📉
Current Market Sentiment: There’s a 65% chance of a 50 basis point cut, while U.S. Senator Elizabeth Warren is pushing for a 75 basis point reduction.
Twitter Analysis: Experts are drawing parallels between the S&P 500’s performance in 2007 and 2024, noting similarities in the Fed's rate-cutting patterns after extended tightening.
📅 Don’t miss the Fed meeting tomorrow at 9:00 PM! Stay tuned for how these developments might impact the markets.