#摩根大通 crazy? A week ago they said interest rates would be lowered in January next year, and now they directly changed it to starting in December! 💥

The Federal Reserve's interest rate cut in December is more thrilling than binge-watching a series! Just a week ago, JPMorgan confidently stated they would wait until January next year, but guess what—face slap! They're cutting rates in December, and another 25 basis points might come in January! The turnaround is faster than flipping a book, Wall Street can't hold it together anymore 😂
The reason is simple: New York Fed's Williams, Governor Waller, and San Francisco Fed's Daly have all come out to say that the labor market is scarier than inflation, and not lowering interest rates could lead to a collapse in employment🔥.
According to data from the Chicago Mercantile Exchange, the market now estimates an 80% probability of a rate cut in December, compared to less than 30% just a week ago!
Of course, there are different voices internally: Dallas Fed's Logan firmly opposes a rate cut in December, fearing that cutting rates might lead to ongoing inflation issues💀. Some even say the FOMC might vote to a 6-6 tie, which would keep interest rates unchanged — full of stimulus!
The stock market and the crypto space certainly can't sit still – the Nasdaq rose by 2.69%, and gold is also thriving💰. However, analysts remind us: the AI bubble is still present, US stock valuations are high, and if interest rates do not decrease, there could be minor fluctuations.
The question is: Do you really think the Federal Reserve will cut interest rates in December? If they do, will the stock market and the crypto market take off directly?
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