๐บ๐ธ Update: The likelihood of the Federal Reserve lowering interest rates in September rises to 94.4%!
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๐ข What's new?
โ According to the "CME FedWatch" tool, the probability of the Federal Reserve lowering interest rates at its upcoming meeting in September has risen to 94.4%.
โ This strong probability comes after the release of recent economic data indicating a potential decline in inflation and a slowdown in the labor market.
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๐ก Whatโs between the lines?
โ These numbers show that the markets are almost certain that the Federal Reserve will move towards a more accommodative monetary policy.
โ These expectations bolster the likelihood of a 25 basis point rate cut.
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๐ Importance:
โ A rate cut can stimulate economic activity and increase market liquidity.
โ This type of decision is often viewed positively by digital asset investors, as it can encourage the flow of money towards higher-risk assets.
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โ Do you think this high probability will stimulate an upward movement in the markets?
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