A降成名: Will the Fed sprinkle some sugar on the market?
Just when everyone thought Powell would never budge in his lifetime, the shoe of interest rate cuts actually started to drop! The latest data shows that the probability of the Fed cutting rates in September has skyrocketed to 94.4%, which is 1 million times higher than the probability of you and me winning the lottery. The market has been waiting for this moment for a whole year.
First, the background: weak employment data, a decline in manufacturing prosperity, and consumer spending growth also starting to "creak". Everything is silently t
Just when everyone thought Powell would never budge in his lifetime, the shoe of interest rate cuts actually started to drop! The latest data shows that the probability of the Fed cutting rates in September has skyrocketed to 94.4%, which is 1 million times higher than the probability of you and me winning the lottery. The market has been waiting for this moment for a whole year.
First, the background: weak employment data, a decline in manufacturing prosperity, and consumer spending growth also starting to "creak". Everything is silently t
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