🇺🇸 Exactly one week left until the Fed meeting!
▪️ Matrixport:
- Dovish signals from the#Fedand positive macro data are among the factors driving Bitcoin’s growth to $45,000 by the end of this year.
▪️ Reuters poll:
- The Fed will cut interest rates by 100 bps. in 2024.
▪️ FT Economists:
- We do not expect a Fed rate cut before July 2024.
▪️ ING:
- In response to the slowing US economy, the Fed will cut rates at least 6 times in 2024.
▪️ Market expectations (Fed rate):
- December 13 – 97.7% probability of Pause.
- The first interest rate reduction is expected in March 2024.
