📉 The Fed's interest rate cut winds are coming! 📉
According to CME's "FedWatch", the probability of a 25 basis point cut in November has soared to 96.3%! Meanwhile, the likelihood of maintaining the current rate stands at just 3.7%🤏. As for December, market predictions have become even more interesting:
The probability of keeping rates unchanged has dropped to 1%; the chance of a 25 basis point cut is 28.5%, while the likelihood of a 50 basis point cut has surged to 70.5%📊!
Potential market impact 🌐:
Positive: Rate cuts generally boost liquidity, especially benefiting the crypto market and high-risk assets💥. Concerns: Rapid rate cuts may also indicate risks of economic slowdown, which cannot be ignored 📉.
Every move by the Fed influences global market nerves; what waves will the final decision in November bring? It's worth keeping an eye on, this wave of market activity is intriguing! 👀💸
