The most important interest rate meeting of the Federal Reserve is also the most important economic event in the world this year. The interest rate cut meeting of the Federal Reserve is about to begin.

Then the last heavy economic data before the Federal Reserve's interest rate meeting tonight is the US retail sales data in August, which is known as the horror data, because retail sales represent US consumption, and consumption accounts for 70% of US GDP. Once the retail sales data explodes, the Federal Reserve will definitely cut interest rates sharply.

But last night was good news. The retail sales data increased by 0.1% month-on-month, which was 0.2% lower than the market expectation, which exceeded expectations. Although it is still in the process of decline compared with 1% last month, it is already a shot in the arm for the market.

Then tonight the Federal Reserve can advance or retreat, it can reduce by 25 or 50. The market expects that the probability of the Federal Reserve reducing by 25 basis points is 37%, and the probability of reducing by 50 basis points is 63%.

In the past week, Wall Street has been constantly leaking information, urging the Federal Reserve to cut interest rates by 50 basis points. Even three congressmen wrote to the Federal Reserve to ask for a 75 basis point cut. Can Powell withstand the pressure?

The meeting will start at 10:30 tonight. Lao K will continue to bring you the latest practical strategies and news from 8 am to 2 am tomorrow. If you are interested, please like and follow us. See you tomorrow. #美联储利率决议公布在即 #美国8月零售销售环比好于预期 #加密市场急跌 #BTC走势分析 #美联储何时降息？ $BTC $ETH