🎈🎈 The markets expect a hawkish cut today for interest rates, so what does that mean?
🔘 It is expected that the U.S. Federal Reserve will cut the benchmark interest rate by a quarter point on Wednesday, but the markets should not expect a significant rise in response. This is because Wall Street traders expect this to be a "hawkish cut," according to a report by CNBC.
◀ In market language, the term "hawkish cut" refers to the Federal Reserve lowering the interest rate while sending a message that no one should pin their hopes on the next meeting.
◀ Traders at JP Morgan, based on the chief U.S. economist at the bank, clarified that the hawkish rate cut from the Fed on Wednesday means two things. First, the so-called "dot plot" - which shows the expectations of Fed members for the interest rate level - will indicate that the central bank expects only one cut next year, and this is not the low-rate environment that some investors and U.S. President Donald Trump are calling for.
◀ The second point is that Fed Chair Jerome Powell will indicate in his press conference ongoing concerns about inflation and will not commit to any future monetary actions$BNB
#BTCVSGOLD #CPIWatch #CPIWatch #FOMCWatch #Binanceholdermmt
