On June 19th, the Fed will meet. But the market is almost certain: "He won't do anything!"
According to FedWatch, the probability of keeping interest rates unchanged is 99.9%. That means it's almost guaranteed, no increase, no decrease, no heavy breathing.
Cutting interest rates? There's a 0.1% slim hope. Raising interest rates? Forget it, don’t dream.
A month ago, people were a bit worried (only 91.4% believed the Fed would remain still). But now? Everyone is sure. As if the whole world has finished preparing for a party, just waiting for the Fed... to say nothing.
But the problem is when everyone is sure, just a slight breath from him can make the market collapse. So, let’s wait and see.
What do you all think, will it go up or down? I'd like to hear your opinions.