💥 Market expectations ( #FED ):

- May 7: PAUSE (probability = 92.2%).

- June 18: a decrease of 25 bps to 4.00-4.25%.

- July 30: a decrease of 25 bps to 3.75-4.00%.

- September 17: a decrease of 25 bp to 3.50-3.75%.

- October 29: PAUSE.

- December 10: a decrease of 25 bp to 3.25-3.50%.

- January 28, 2026: a reduction of 25 bps to 3.00-3.25%.