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#Gate.io X Inter: Gateway to Championships
ChiffrementHedging Fund Asymmetric's founder and CEO Joe McCann said that the Fed's significant interest rate cut will be beneficial to risk assets and the crypto market, rather than negative information as some people think. The Fed is expected to cut interest rates for the first time since March 2020 at 2 am Beijing time on September 19th, with the current interest rate at a high of 5.5% in 24 years.
McCann estimates the probability of a 25 or 50 basis point reduction to be 50% each. The CME Fed Watch tool shows that the probability of a 50 basis p
ChiffrementHedging Fund Asymmetric's founder and CEO Joe McCann said that the Fed's significant interest rate cut will be beneficial to risk assets and the crypto market, rather than negative information as some people think. The Fed is expected to cut interest rates for the first time since March 2020 at 2 am Beijing time on September 19th, with the current interest rate at a high of 5.5% in 24 years.
McCann estimates the probability of a 25 or 50 basis point reduction to be 50% each. The CME Fed Watch tool shows that the probability of a 50 basis p
