The Fed decision is in another 2 hours—let’s see whether this prediction is accurate.
Probability of a 25 bps rate cut: 64.6%
Probability of keeping interest rates unchanged: 35.4%
Even if it matches expectations, it doesn’t necessarily mean it won’t drop. What decides the market is what Powell says—hawkish or dovish?
Let’s check whether this prediction monitor is any good.$QQQ
