🔴 Hasit ignites the markets with a fiery statement
🔺The leading candidate for the Federal Reserve chair, Kevin Hasit, confirmed that the Fed is likely heading towards a rate cut next week.
This statement comes at a very sensitive moment… with market expectations indicating a 90% chance of a 25 basis point cut!
⬅️ Why is this important? And what is its impact on the market?
🔺U.S. stocks: may continue to rise as bets on a more flexible monetary policy increase.
🔺Gold: may also benefit if the dollar declines later after the cut.