Despite economic fluctuations and the U.S. presidential debate, financial markets, including the crypto market, have remained calm. Investors are focused on the upcoming Federal Reserve meeting, where a rate cut is expected. The probability of a 25 basis point rate cut has increased to 87%, while the chances of a 50 basis point cut have dropped to 13%. Recent economic data suggests a slowing economy, increasing the likelihood of a rate cut. Market volatility has been low, and investors are growing less concerned about short-term market swings. The timing and magnitude of the rate cut will depend on incoming data and the evolving economic outlook. Any surprising developments or statements from Fed officials could impact rate-cut expectations and market volatility. Market participants will be closely watching for signals of a shift in the central bank's stance.
- Content Editor ( coinedition.com )
- 2024-09-13
Crypto Market Calm Before Fed Rate Decision, 25 Basis Point Cut Expected