Although the market is not optimistic that the European Central Bank will cut interest rates significantly tonight, they generally predict that the central bank will become more dovish in the future.
Former US President Donald Trump said that this was a major interest rate cut.
Investors are betting that the Federal Reserve will cut interest rates sharply this week, but they are likely to be disappointed because the performance of the U.S. economy simply does not warrant an aggressive rate cut. According to the CME's Fed Watch tool, current U.S. interest rate futures prices suggest a 65% chance of a 50 basis point rate cut and a possible 116 basis point cut this year. However, a flurry of economic data on Tuesday prompted the Atlanta Fed to change its forecast for U.S....
Expectations of a sharp interest rate cut by the Federal Reserve have risen, and the yen has remained strong, with the exchange rate of the yen against the dollar exceeding 140 for the first time since 2023.