🚨 #MarketAlert: Fed Rate Cut Bets Surge After July CPI Data 📈💰
The latest US inflation report for July has triggered a significant shift in market expectations! 📊
*Key Takeaways:*
- Consumer Price Index (CPI) rose by 0.2% MoM and 2.7% YoY, slightly below expectations 📉 - Core CPI increased by 0.3% MoM and 3.1% YoY 📈 - Traders now betting big on a Fed rate cut in September! 🤯
*Fed Rate Cut Probabilities:*
- 80% chance of a 25bps rate cut 🔴 - 14% expect rates to remain unchanged ⚪️ - 6% anticipate a cut greater than 25bps 🔵
I am holding this trade since 22-11-2024 It has passed about 8 months but still the position is open.Should i close it now in loss or wait for sol to go in profit.Plz suggest i am new in trading. #solana #Binance #loss #profit