IS A 50 BASIS POINT INCREASE COMING?

As of last night, the probability of a 50 basis point cut has increased from 13% to 45%.

This is increasing uncertainty in the markets and causing concerns among investors.

Crypto markets, in particular, are very sensitive to such uncertainties.

Jon Faust, a senior advisor to the Fed, states that interest rate cuts will have a major impact on the markets.

However, according to Faust, the real important point is not whether the first cut will be 25 or 50 basis points, but the total size of the interest rate cuts to be made in the coming months.

In other words, the markets may not be limited to just one interest rate cut; the other steps the Fed will take are also of great importance.