Market participants make sure that the interest rate will be paused with strong confidence.
Amazing 🫢 Something interesting is a few of market participants anticipate that the intrest rate will be cut. Hmm 🤔 Anyways, about 4 days left until the federal funds rate decision.
Take a look at the U.S. 3m yield curve chart. The ATH(All Time High) was 4 months ago. It looks like a summit of the federal funds rate is coming. Cause, short-term bonds tend to represent the direction of the federal funds rate.
U.S. GDP growth is great 👍 It's higher than expected. If there's a recession next year, there would be a festival such as Santa 🎅 rally 📈 until the next recession.
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