Tomorrow could be a historic day for the markets.
Expectations around the Fed’s interest rate decision are more divided than we’ve seen in a long time. Right now, rate futures are pricing in roughly a 30% chance of a rate hike, while there’s about a 70% chance that rates stay unchanged.
For context, almost every Fed meeting since March 2020 has gone into decision day with around 99% market confidence on the outcome. This time, uncertainty is much higher.
Adding to the confusion, Fed Chair Warsh has moved away from giving clear forward guidance, leaving traders with fewer clues before the announcement.
That said, we still believe the Fed will hold rates steady and will NOT raise interest rates tomorrow.
It’s also worth remembering that just a few months ago, President Trump said that one of the key conditions for his next Fed Chair would be someone willing to cut rates.
Stay alert — tomorrow’s decision could bring major market moves.
$BTC $ETH $AKE
#Binance #BinanceSquare #usa
Expectations around the Fed’s interest rate decision are more divided than we’ve seen in a long time. Right now, rate futures are pricing in roughly a 30% chance of a rate hike, while there’s about a 70% chance that rates stay unchanged.
For context, almost every Fed meeting since March 2020 has gone into decision day with around 99% market confidence on the outcome. This time, uncertainty is much higher.
Adding to the confusion, Fed Chair Warsh has moved away from giving clear forward guidance, leaving traders with fewer clues before the announcement.
That said, we still believe the Fed will hold rates steady and will NOT raise interest rates tomorrow.
It’s also worth remembering that just a few months ago, President Trump said that one of the key conditions for his next Fed Chair would be someone willing to cut rates.
Stay alert — tomorrow’s decision could bring major market moves.
$BTC $ETH $AKE
#Binance #BinanceSquare #usa