⚠️⚠️ Tonight's Rate Cut Decision Set in Stone, Policy Focus shifts to "Number of Rate Cuts and Pace" 👌
🔥 On October 29th, the Federal Reserve will announce its interest rate decision tonight, followed by a press conference on monetary policy by Federal Reserve Chairman Powell.
🔥 The market is no longer concentrated solely on a single rate cut itself; instead, the policy suspense has shifted to "the rate cut frequency and pace." According to the CME's "FedWatch Tool," prior to tonight's rate decision, the probability that the Fed will cut rates by 25 basis points in October is currently 99.4%, while the probability of no rate change is 0.6%.
🔥 The probability that the Fed will implement a cumulative 50 basis point rate cut by December is currently 91.3%, the probability of a cumulative 25 basis point rate cut is 8.6%, and the probability of no rate change is 0.1%. The next two FOMC meeting dates are October 29th and December 10th.
#InterestRateDecision #InterestRateCut
🔥 On October 29th, the Federal Reserve will announce its interest rate decision tonight, followed by a press conference on monetary policy by Federal Reserve Chairman Powell.
🔥 The market is no longer concentrated solely on a single rate cut itself; instead, the policy suspense has shifted to "the rate cut frequency and pace." According to the CME's "FedWatch Tool," prior to tonight's rate decision, the probability that the Fed will cut rates by 25 basis points in October is currently 99.4%, while the probability of no rate change is 0.6%.
🔥 The probability that the Fed will implement a cumulative 50 basis point rate cut by December is currently 91.3%, the probability of a cumulative 25 basis point rate cut is 8.6%, and the probability of no rate change is 0.1%. The next two FOMC meeting dates are October 29th and December 10th.
#InterestRateDecision #InterestRateCut