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Analysts: Expectations for Fed Rate Cut in September Cooling, Market Still Awaiting Signals
Summary: According to sources, market analysts have stated that, frankly, the small decline in US stocks is surprising, with the S&P 500 index currently down 0.4%. Yesterday, market expectations for a Fed rate cut in September were as high as 68%, but now this probability has plummeted to just 45%. Despite such a significant adjustment in ...
According to sources, market analysts have stated that, frankly, the small decline in US stocks is surprising, with the S&P 500 index currently down 0.4%. Yesterday, market expectations for a Fed rate cut in September were as high as 68%, but now this probability has plummeted to just 45%. Despite such a significant adjustment in policy expectations, the market has not seen more intense selling, reflecting the resilience of investor sentiment, or perhaps still waiting for more confirmation signals.
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Link: Analysts: Expectations for Fed Rate Cut in September Cooling, Market Still Awaiting Signals [Copy]
