According to ChainCatcher, analysts said that in today's volatile trading, the probability of the Federal Reserve cutting interest rates by 50 basis points next week has risen to nearly 50%. At this time yesterday, the probability of a 50 basis point rate cut was only 20-25%.
Earlier today, Nick Timiraos, the “Fed mouthpiece”, wrote about the Fed’s dilemma of whether to cut rates more or less, sparking some speculation that he may have gotten a hint from the Fed.
