Probability of Fed Rate Cut in December Rises to 70% $HFT
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The likelihood of a Federal Reserve interest rate cut in December has surged to 70%, signaling growing market expectations for monetary easing. $TAO Traders and analysts are interpreting this increase as a potential boost for risk assets, including cryptocurrencies and equities, as lower rates could support liquidity and investor sentiment.
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Market observers note that the rising probability reflects ongoing economic data and Fed communications, highlighting how closely investors monitor central bank signals to guide their trading strategies.