๐จ #MarketAlert: Fed Rate Cut Bets Surge After July CPI Data ๐๐ฐ
The latest US inflation report for July has triggered a significant shift in market expectations! ๐
*Key Takeaways:*
- Consumer Price Index (CPI) rose by 0.2% MoM and 2.7% YoY, slightly below expectations ๐
- Core CPI increased by 0.3% MoM and 3.1% YoY ๐
- Traders now betting big on a Fed rate cut in September! ๐คฏ
*Fed Rate Cut Probabilities:*
- 80% chance of a 25bps rate cut ๐ด
- 14% expect rates to remain unchanged โช๏ธ
- 6% anticipate a cut greater than 25bps ๐ต
What do you think? Will the Fed deliver a rate cut in September? Share your thoughts! ๐ฌ #FedRateCut #writetoearn #MarketNews #ETH4500Next?