The post Crypto Eyes Relief Rally as December Fed Rate Cut Odds Surge to 71% appeared first on Coinpedia Fintech News
Markets are now pricing in a strong chance that the Federal Reserve will cut interest rates at its December meeting. According to the CME FedWatch Tool, the probability of a 25 basis point rate cut has jumped to 71%, up from 30-40% earlier this week. This shift comes after the recent comments from New York …