🔹According to the latest market analysis and economic data, there is a high probability of a rate cut at the Fed's interest rate meeting tonight.
The market generally expects the Fed to cut interest rates, with a probability of 63% to 64% for a 50 basis point cut and a probability of 36% to 37% for a 25 basis point cut1 2 34.
This expectation is mainly influenced by recent economic data, including the US Consumer Price Index (CPI) in August, which rose by 2.5% year-on-year, the lowest increase since February 2021, showing that inflationary pressure has eased23. In addition, the number of new non-farm payrolls in August was 142,000, lower than expected, showing signs of a slowdown in the labor market23.
Although the market has high expectations for a 50 basis point rate cut, some analysts believe that the Fed may choose a more cautious 25 basis point rate cut to avoid triggering market concerns about a "hard landing" of the economy23.
Therefore, tonight's Fed meeting will be a critical moment that may affect economic policies and market trends in the coming months.
