📌 Market Expectations (Fed Rate):
- July 30: PAUSE.
- September 17: decrease of 25 bps to 4.00-4.25%.
- October 29: decrease of 25 bps to 3.75-4.00%.
- December 10: decrease of 25 bps to 3.50-3.75%.
- January 28, 2026: PAUSE.
- March 18, 2026: PAUSE.
- April 29, 2026: decrease of 25 bps to 3.25-3.50%.
P.S. After J. Powell's speech, the market began to price in 3 rate cuts this year