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The FedWatch tool shows that the market believes there is a 95% probability of a 25 basis point rate cut at this FOMC meeting.
Investors have almost regarded this interest rate cut as a "done deal."
1. The labor market is cooling down.
The number of job vacancies has dropped to a low point, with the job-to-unemployment ratio falling below 1, indicating that the pressure on the labor market has eased.
2. Inflationary pressures ease
Core inflation is gradually easing, and the price trend is getting closer to the Federal Reserve's target.
3. Economic gro