Yes, you guess it again, U.S economy is much stronger than expected, no sign of slowing down.
If you'd followed latest progress, market is thinking a likely 1 cut or NO cut at all for 2025. Market is fast in readjusting this expectation.
The market is pricing in just ONE Fed rate cut for 2025. This is down from nearly 5 rate cuts expected in September
Great Chart: @AugurInfinity, Global Markets Investor
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