🇺🇸🔥 Countdown to the Historic Fed Decision: What You Need to Know! 🔥
The #FED is set to change the game tonight! After 2.5 years of keeping rates high, a major rate cut is almost certain—potentially the first one in 4.5 years. 🚨
Here's what to watch: ➡️ Markets in Limbo: Until last week, everyone bet on a 25 basis point cut, but now 63% are eyeing a 50 bps cut, thanks to a sudden Friday surge. What’s behind this? Uncertainty is at an all-time high.
➡️ Experts Weigh In: According to Tom Simons at Jefferies, “When uncertainty hits, you have to act fast.” Former Fed exec Robert Kaplan agrees, saying a 50 bps cut is crucial to save the economy from a downturn.
➡️ Inflation Trends: Headline inflation is down to 2.5%, but core inflation remains sticky at 3.2%. The Fed’s rate range of 5.25% - 5.50% since July has been its highest in 23 years, and the pressure is on.
➡️ Dot-Plot Update: The Fed’s infamous dot-plot will also be updated today for the first time since June. Watch closely—what’s predicted next could shake the markets even further.
Stay tuned, Binance fam! The market’s next move is coming, and it’s going to be BIG! 📉💥