
Market expectations for a rate cut by the Federal Reserve in December have risen to 82%

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Market expectations for interest rate cuts have risen very quickly, with a low of only 29% a week ago. All of this happened after the speech by "Powell's ally" Williams, leading the market to firmly believe that this was a "test" by Powell on the market. Morgan Stanley believes that if Powell does not want to cut interest rates, he must quickly reverse market expectations
Market expectations for interest rate cuts have risen very quickly, with only 29% a week ago at its lowest.
All of this happened after the speech by "Powell's ally" Williams, and the market firmly believes this is a "test" by Powell on the market.
Morgan Stanley believes that if Powell does not want to cut interest rates, he must quickly reverse market expectations.


