Before the interest rate decision was announced, the market believed that the probability that the Fed would announce a 25 basis point rate cut was 9
According to the "Fed Watch" data from CME the current market believes that there is a 98.8% probability that the Fed will announce a 25 basis point rate cut tonight (at 3:00 am on the 19th), and the probability of maintaining the interest rate at 4.5%-4.75% is only 1.2%. The Fed will announce the interest rate decision and economic outlook summary at 3:00 am, followed by Fed Chairman Powell's monetary policy press conference at 3:30 am. BlockBeats reminds users to pay attention to market fluctuations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
French MEP Addresses The Need for European States to Create National Bitcoin Reserves
Sarah Knafo addressed the European Parliament, highlighting the importance of freedom and investment in Bitcoin to build national strategic reserves
BTC falls below $104,000
BlackRock IBIT's pre-market trading volume reached $50 million today