Market Anticipates High Probability of December Rate Cut by Federal Reserve

According to PANews, Matrixport's recent analysis indicates that the market expects an 84% probability of a rate cut by the Federal Reserve on December 10, based on the implied pricing of federal funds futures. Additionally, there is a 65% probability that rates will remain unchanged in January. Despite the potential rate cut in December, the overall monetary policy is expected to remain moderately accommodative. In comparison to Bitcoin, gold shows a stronger correlation with the U source: https://www.binance.com/en/square/post/32894778182026?utm_source=BinanceNewsRSS