Interestingly, the tool has now debuted a 3.9% probability of interest rates being cut down even further to 3.75%-4.00%, a complete flip that was not seen last week. This shows how market watchers are viewing the FOMC meeting at this time, and with the announcement so close, it is likely to come out in favor of this.
Prepare For Crypto Market Volatility: Investors Hold Breath As Fed Rate Cuts Could Happen Soon