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PROBABILITY OF INTEREST RATE CUTS RISES AS NEW YORK FED PRESIDENT HINTS AT FURTHER CUTS



🔸 US government bond yields simultaneously fell after New York Fed President John Williams signaled that the Fed might cut interest rates at the December meeting
🔸 He stated that the current policy has become “less restrictive” after recent rate cuts and that the Fed still has “room for further adjustments”
🔸 The probability that the market expects the Fed to cut rates in December has risen to over 70%, compared to below 40% before his statement#TopGainersInADownMarket #FOMCMeetingMinutesComingUp #ShowMyAlphaPoints $BTC $ETH
BTC0.41%
ETH-1.35%
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