US Equity Investors Focus on Monetary Policy as Larger Rate Cut Becomes Likely Scenario
This week, U.S. equity investors will closely monitor the Federal Reserve's commentary and interest rate forecasts, with a 50 basis-point cut now emerging as the most probable policy move.
According to the FedWatch Tool, the probability of a 50 basis-point cut on September 18 has surged to 59% as of early Monday, up from 30% a week ago, following the inflation data released on September 11 and 12. The remaining 41% likelihood now points to a 25 basis-point cut, down from 70% the previous week.
S&P 500 Technical Analysis:
As long as the price trades under 5643 will drop to get 5584, Otherwise should break 5643 by closifn 4h candle above it to get 5675 and more,
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