The Big Day is Tomorrow: The Fed Will Unveil Its Interest Rate Decision – Here Are the Latest Expectations

The Fed is set to announce its first interest rate cut of the year ￰0￱ decision comes amid weakening labor market data, despite tariffs putting upward pressure on ￰1￱ Federal Open Market Committee (FOMC) is expected to cut its benchmark interest rate by 25 basis points to a range of 4% to 4.25%. This would be the first cut since December ￰2￱ rate cut has largely been priced ￰3￱ to CME FedWatch Tool data, a 25 basis point cut is given a 96% probability, while a more aggressive 50 basis point cut is given a 4% ￰4￱ pressures on the Fed's dual goals of employment and price stability are drawing ￰5￱ the US economy created only 22,000 new jobs in August, data for previous months was also revised ￰6￱ June, it was revealed that the economy lost 13,000 ￰7￱ News: The US and UK Reach Agreement on Cryptocurrencies: Including Details on Ripple The inflation picture is also ￰8￱ personal consumption expenditures (PCE), the Fed's preferred indicator, has started to rise again after falling to 2.2 percent annually in ￰9￱ July, PCE inflation rose to 2.6 percent, and core PCE to 2.9 ￰10￱ consumer price index (CPI) rose 2.9 percent annually in August, with the core CPI rising to 3.1 ￰11￱ markets also view a cut as a ￰12￱ to Polymarket data, the probability of a 25 basis point cut is 96 ￰13￱ Kalshi, the probability of a 25 basis point cut is 95 percent, a larger cut is 5 percent, and no change is approximately 2 percent. *This is not investment ￰14￱ Reading: The Big Day is Tomorrow: The Fed Will Unveil Its Interest Rate Decision – Here Are the Latest Expectations