FED Rate Cuts September 2024: Why Markets Are Suddenly Expecting a 50 Basis Point Cut

The Kobeissi Letter has recently spotlighted a significant shift in market expectations regarding the Federal Reserve’s next interest rate decision. In a dramatic turn, the odds of a 50 basis point rate cut have surged from 2% to 59% in just a few hours. This change is surprising given that no new economic data or … source: https://coinpedia.org/news/fed-rate-cuts-september-2024-why-markets-are-suddenly-expecting-a-50-basis-point-cut/