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Michael Gu: 81 percent odds of Fed rate cut in December

Michael Gu: 81 percent odds of Fed rate cut in December
@boxmining: Fed rate cut odds at 81%

Michael Gu suggests there is an 81 percent likelihood of a Federal Reserve rate cut in December, as unemployment figures surpass estimates.

The prospect of a liquidity injection towards the end of the year coincides with cryptocurrency markets remaining in a neutral RSI territory. If historical patterns hold, December may present notable financial developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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