The Federal Reserve makes a late-night announcement: Continue to lower interest rates! Market expectations soar, Wall Street urgently revises its prediction to a 90% chance of rate cuts, major institutions are buying spot!

As the Federal Reserve's monetary policy meeting countdown begins, Kevin Hassett, a leading candidate for the next chair, suddenly speaks out, clearly supporting "continuing to lower interest rates." Market expectations instantly skyrocket, and Wall Street's major banks are working overnight to "tear up reports" and revise forecasts—this week's Federal Reserve interest rate cut has almost become a foregone conclusion.

Hassett also hinted that Trump will soon announce "a lot of good news" and pointed out that fluctuations in the U.S. bond market may be related to policy uncertainty, and that the ten-year Treasury yield "still has a lot of room to decline."

Market expectation: Probability of rate cuts approaches 90%

According to CME's latest "Federal Reserve Watch" data, the market bets that the probability of a 25 basis point rate cut by the Federal Reserve this week has surged to 89.6%, with the probability of keeping rates unchanged now only at 10.4%. In addition, the probability of cumulative rate cuts of at least 25 basis points by January next year is as high as 92.2%.

Wall Street makes a swift turn: collectively "tearing up reports"

Several top investment banks urgently adjusted their forecasts on the eve of the meeting, unanimously shifting to support rate cuts:

· JPMorgan Chase, Morgan Stanley: changed from "pausing rate cuts" to expecting a 25 basis point rate cut this week.

· Nomura Securities: second revision of forecast, reconfirming a rate cut this week, and expecting further cuts in June and September next year.

· Standard Chartered Bank: also shifted from "holding steady" to joining the rate cut forecast camp.

Why the sudden shift?

Weak U.S. economic data in November is a key driver—private sector job losses decreased by 32,000, marking the largest drop since March this year, far below market expectations. Analysts point out that the worsening pressure in the job market forces the Federal Reserve to act again.

Focus is not just on rate cuts

Although rate cuts seem inevitable, investors are more concerned about two major signals:

Internal divisions: Four "hawkish" officials are expected to oppose rate cuts, while Governor Milan may support a more aggressive 50 basis point cut.

Goldman Sachs believes that the Federal Reserve may first pause next year and then continue to cut rates in March and June, ultimately lowering the rate to the 3%—3.25% range.

Summary:

Rate cuts are imminent, and the market is already positioned. The real suspense lies in the internal battles of the Federal Reserve and tomorrow's policy guidance. $BTC $ETH $ZEC