• Big financial companies like Goldman Sachs now think the Fed will lower interest rates three times this year, starting in September
• Some, such as Bank of America, remain skeptical about rate cuts next month
• Not long ago, Fed Chair Jerome Powell reaffirmed a wait-and-see approach, but certain Fed officials, like Waller and Bowman, disagreed

A crypto analyst who goes by the name of Crypto Rover is predicting a market explosion, as the probability of a September rate cut by Jerome Powell has soared to 92%. The data is likely referenced from tools like CME FedWatch and Polymarket that suggest a high likelihood (approaching 92%) of a US rate cut next month, based on weakening jobs and dovish sentiment from Fed officials.

Big financial companies like Goldman Sachs now think the Fed will lower interest rates three times this year, starting in September. This has also made a rate cut much more probable, with the chances rising.

Interestingly, some, such as Bank of America, remain skeptical about rate cuts in September. They argue that inflation remains sticky, and labor market resilience may keep the Fed on hold until 2026.

Not long ago, Fed Chair Jerome Powell…

The post Rate Cut Hype Reaches New Highs as Analyst Points to 92% Chance for September FOMC appeared first on Coin Edition.

• Big financial companies like Goldman Sachs now think the Fed will lower interest rates three times this year, starting in September
• Some, such as Bank of America, remain skeptical about rate cuts next month
• Not long ago, Fed Chair Jerome Powell reaffirmed a wait-and-see approach, but certain Fed officials, like Waller and Bowman, disagreed

A crypto analyst who goes by the name of Crypto Rover is predicting a market explosion, as the probability of a September rate cut by Jerome Powell has soared to 92%. The data is likely referenced from tools like CME FedWatch and Polymarket that suggest a high likelihood (approaching 92%) of a US rate cut next month, based on weakening jobs and dovish sentiment from Fed officials.

Big financial companies like Goldman Sachs now think the Fed will lower interest rates three times this year, starting in September. This has also made a rate cut much more probable, with the chances rising.

Interestingly, some, such as Bank of America, remain skeptical about rate cuts in September. They argue that inflation remains sticky, and labor market resilience may keep the Fed on hold until 2026.

Not long ago, Fed Chair Jerome Powell…

The post Rate Cut Hype Reaches New Highs as Analyst Points to 92% Chance for September FOMC appeared first on Coin Edition.