If the probability of an interest rate cut decreases tomorrow, the market will likely fall further. Looking back at this cycle, ever since the talk of a December rate cut began, US officials have been frequently discussing the probability of such a cut; a high probability leads to a rise, a low probability to a fall – isn't this just manipulating the market? Furthermore, don't expect a significant reaction if a rate cut actually happens in December. This frequent manipulation will only destroy any expectations.
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