Rate cut next week?
Almost zero.
Market odds of the Fed cutting rates in the upcoming meeting are now below 1%.
Translation:
Don’t expect liquidity relief yet.
The Fed is still watching inflation.
Still watching the data.
For markets, this means one thing:
Higher-for-longer is still the base case.
And until that narrative changes…
volatility stays on the table. 📊 🐱
NEAR
1.357
+1.49%
XRP
1.4024
+1.66%
FIL
0.887
+3.14%