The probability of the Fed cutting interest rates this year is close to zero:

1. The European Central Bank is currently leaking that it will cut interest rates in June 2024. Will Europe cut interest rates? The answer is no! Because the United States maintains high interest rates, the European economy faces some challenges, such as weak economic growth and rising inflation, and increased bank and debt risks!

2. The Federal Reserve raised interest rates in 2023 to cope with high inflation. Despite the slowdown in economic growth, the Federal Reserve may continue to maintain a high interest rate level. This has put pressure on the European economy, and Europe hopes that the Federal Reserve will postpone further interest rate hikes.

3. Judging from the current situation, the possibility of the Federal Reserve cutting interest rates in 2024 is low, perhaps close to 10%. The Federal Reserve is more likely to maintain the current interest rate level and wait for inflation to fall further before considering cutting interest rates.

The bull market in the currency circle requires a lot of funds to pull the market, and the Federal Reserve does not cut interest rates and hot money does not flow into the market, so long-term stable growth cannot be formed! This year should still be dominated by fluctuations, and the real bull market will still depend on next year!