Teaser: Tonight's Rate Cut Decision Set in Stone, Policy Focus shifts to "Number of Rate Cuts and Pace"
BlockBeats News, October 29, the Federal Reserve will announce its interest rate decision tonight (2 a.m. Beijing time on Thursday), followed by Federal Reserve Chairman Powell's press conference on monetary policy (2:30 a.m.). The market is no longer focused on a single rate cut itself, and the policy suspense has shifted to "rate cut frequency and pace".
According to CME's "FedWatch Tool", ahead of tonight's rate decision, the probability of a 25 basis point rate cut by the Fed in October is currently 99.4%, while the probability of unchanged rates is 0.6%.
The probability of a cumulative 50 basis point rate cut by the Fed by December is currently 91.3%, the probability of a cumulative 25 basis point rate cut is 8.6%, and the probability of unchanged rates is 0.1%. The next two FOMC meeting dates are October 29 and December 10.
You may also like

The Power of Agency: The Agentic Wallet and the Next Decade of Wallets

Understanding x402 and MPP in One Article: Two Routes for Agent Payments

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The second half of stablecoins no longer belongs to the crypto circle

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations

Is the income of pump.fun real, earning a million dollars a day despite the market downturn?

The real reason why tokens are not selling: 90% of crypto projects neglect investor relations

Who is the true winner of the "Tokenization" narrative?

Moss: The Era of AI-Traded by Anyone | Project Introduction

Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
