Crypto Surges As Fed Eyes Rate Cut In December


21h05 ▪
4
min read ▪ by
Luc Jose A.

Summarize this article with:

The US Federal Reserve could well be starting a decisive turning point. According to the latest data from the CME FedWatch Tool, markets now estimate an 85 % probability of a rate cut as early as December. A rapid development, which contrasts with the firmness displayed in recent months. If this scenario is confirmed, it will mark the end of an unprecedented monetary tightening cycle and could disrupt the balance of financial markets.

A Fed banker lowers a lever marked with a downward arrow; a screen displays “85%,” symbolizing a possible rate cut.A Fed banker lowers a lever marked with a downward arrow; a screen displays “85%,” symbolizing a possible rate cut.

In brief

  • The US…

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