The Federal Reserve's interest rate meeting results will be announced tomorrow at 3 AM. The current market expects a probability of over 89% for a 25 basis point rate cut in December.
There are two possible situations for rate cuts: hawkish and dovish.
A hawkish rate cut is characterized by opposition from some officials, with Powell stating that it is uncertain whether there will be a rate cut next year, and the threshold for the next rate cut is high;
A dovish rate cut is when Powell implies that there will be further rate cuts, starting to taper in January.
Before the results are announced, the market is expected to exhibit a volatile trend.