Continuing the previous argument, Fed officials spoke around the “support for prudent, gradual, slow rate cuts” to start. The Fed seems to create such a tone: rate cuts will continue, but with the first cut in the formation of expectations are different, and next year the market will bear a higher CPI, the neutral interest rate is inevitable to rise. cme fed watch November rate cut 25 a few points probability of 96.3%.

Exciting times ahead for the market with potential rate cuts on the horizon! 📈