📊 Markets are pricing in a 15% chance of no rate cut in November.. 🇺🇸

• In the past three weeks alone, the odds of a 50bp rate cut in November have dropped from 53% to 8%.

• Meanwhile, the odds of no rate change in November have tripled.

• Once again, the Fed appears to have moved too quickly in its latest 50bp rate cut.

#MarketExperts #FedBeigeBook #bpg #CuttingEdgeCrypto #RateCutExpectations