⚡The Fed will announce its interest rate decision tomorrow



The market expects a 25 basis point rate cut with a probability of 89.4%.

Interestingly, when the Fed cut rates while the S&P 500 was within 2% of its all-time high, the index closed higher 12 months later in 20 out of 20 cases.
$BTC $ETH $USDC
BTC2.48%
ETH1.65%
USDC0.02%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)