Experts Warn Fed Against Rate Cuts Despite 99% Market Confidence

While Wall Street may be convinced the Federal Reserve (Fed) is about to slash interest rates, many experts argue the hard economic data says otherwise. Meanwhile, Bitcoin (BTC) is attempting a recovery, reclaiming above the $111,000 threshold after showing weakness earlier in the week. Why Experts Say Cutting Rates Now Could Backfire According to the CME FedWatch Tool, markets are pricing in a 99. 6% probability that the Fed will cut rates at its September meeting source: https://beincrypto.com/experts-warn-against-fed-rate-cuts/