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Analyst: Fed's rate cut expectations for September cool down, but the market still seems to be waiting for signals.
Jin10 data July 31st news, market analysts say that frankly, the current small drop in the US stock market is surprising, with the S&P 500 index currently down 0.4%. Yesterday, the market’s expectation for the Fed’s rate cut in September was as high as 68%, but now this probability has plummeted to only 45%. Despite such a significant adjustment in policy expectations, the market has not experienced more severe dumping, reflecting the resilience of investor sentiment, or is still waiting for more confirmation signals.