🧧Expectations for Fed Rate Cuts🧧
This is a core issue of great concern to global markets, and its changes directly affect global asset prices. The current situation can be summarized as: rate cuts are certain, but the timing and magnitude are full of variables, and the market is in a 'tug of war' with the Fed.
Here are analyses of several key aspects:
1. What are the current market expectations? (As of the end of May 2024)
According to data from CME's 'FedWatch' tool, the mainstream expectation in the market is:
· First rate cut time: The market generally bets on September 2024. The probability of another rate cut in November or December is also high.
