Teaser: Tonight's Rate Cut Decision Set in Stone, Policy Focus shifts to "Number of Rate Cuts and Pace"
BlockBeats News, October 29, the Federal Reserve will announce its interest rate decision tonight (2 a.m. Beijing time on Thursday), followed by Federal Reserve Chairman Powell's press conference on monetary policy (2:30 a.m.). The market is no longer focused on a single rate cut itself, and the policy suspense has shifted to "rate cut frequency and pace".
According to CME's "FedWatch Tool", ahead of tonight's rate decision, the probability of a 25 basis point rate cut by the Fed in October is currently 99.4%, while the probability of unchanged rates is 0.6%.
The probability of a cumulative 50 basis point rate cut by the Fed by December is currently 91.3%, the probability of a cumulative 25 basis point rate cut is 8.6%, and the probability of unchanged rates is 0.1%. The next two FOMC meeting dates are October 29 and December 10.
You may also like
Looking at Stripe's ambitions and the future of stablecoins from OUSD
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.