🚨 FED RATE CUT ODDS SLASHED – SEPTEMBER IN FOCUS 🚨
Markets are on edge ahead of Powell’s Jackson Hole speech as the September rate-cut narrative flips. Once a near-certainty, the odds have now cooled sharply:
🔹 Invest sees a 71.5% chance of a 25bps cut.
🔹 Ed Yardeni (Seeking Alpha) says it’s now below 50%, with inflation still sticky.
🔹 Reuters notes markets price only 25% odds, thanks to strong manufacturing data.
🔥 Why the Shift?
Rising jobless claims shook early optimism.
Inflation remains stubbornly high.
PMI strength signals the economy isn’t cooling fast enough.
💡 Final Take: September is no longer a one-way bet. Odds range 25%–70%, leaving Powell’s words as the deciding factor. For crypto traders, this could be the spark for BTC volatility, new DeFi positioning, and a reset in risk sentiment.
Stay tuned—September could set the tone for the next big move.