Probability of a Fed rate cut in September โ€” 82% ๐Ÿ“‰

Markets are almost certain the Fed will cut rates by 25 bps in September. Reasons: weak job data ๐Ÿง‘โ€๐Ÿ’ผ, dovish comments from Fed officials ๐Ÿ•Š๏ธ, and revised forecasts from major banks ๐Ÿ’ผ. However, high inflation ๐Ÿ“ˆ and the economyโ€™s resilience could slow the move. #FED #BTC