๐Ÿ‡บ๐Ÿ‡ธ FOMC: Expectations indicate a 51% chance of a rate cut in September

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

๐Ÿ“Š Source:

According to the Polymarket platform, users now expect a 51% chance that the Federal Reserve (Fed) will cut the interest rate by 25 basis points (bps) during the upcoming September meeting.

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

๐Ÿ“‰ What supports this expectation?

โ€“ Gradual slowdown in inflation

โ€“ Political and economic pressures as elections approach

โ€“ Growing concerns about recession in some sectors

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

๐Ÿง  Why is this important for the crypto market?

โ€“ A rate cut may mean increased market liquidity

โ€“ It leads to a boost in high-risk assets like Bitcoin and Ethereum

โ€“ Signals from the Fed are closely monitored by institutional investors

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

โ“ Do you think the Fed will lean towards monetary easing before the end of the year? Or will it continue to be cautious?

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

๐Ÿ“ If you liked the content, support me with a like and follow to receive all updates

LEGENDARY_007

#CryptoNewss #LEGENDARY_007 #fomc #Fed #FOMCโ€ฌโฉ