Fed interest rate cut expectations soared to 100%, crypto market may迎来重大利好.

The weak performance of the US employment data in August is pushing the market towards a significant turning point. The new jobs added were only 22,000, far below the expected 75,000, and the unemployment rate has climbed to a four-year high of 4.3%. This data has completely changed the market's expectations regarding Fed policy.
The federal funds futures on the Chicago Mercantile Exchange show that the probability of a rate cut in September has soared to 100%, with a 12% chance of a 50 basis point cut. This expectation has quickly triggered a chain reaction in the financial markets, with U.S. stocks rising and mortgage rates significantly dropping.
Wall Street investment banks are adjusting their predictions. Bank of America has changed its stance on not lowering interest rates in 2025 and now expects a 25 basis point cut in both September and December. Goldman Sachs is more aggressive, predicting three rate cuts by the end of the year. Citigroup maintains its predictions for rate cuts in September, October, and December.
Cathie Wood of ARK Invest publicly called for interest rate cuts, stating that the current unemployment rate, which is higher than the peak before the 2008-2009 crisis, is a "clear signal for rate cuts." Treasury Secretary Becerra also stated that the data proves Trump's previous criticism of the Fed for being "slow to act" was correct.