PAUSE AT 0 BPS HAVE YOU COUNTED EVERYTHING? 🤔
Did you know that the chances of maintaining the rate at 3.50%–3.75% have reached a historical maximum of 97.2%.
This means that the pause itself is already 'priced in'.
The main question is what signal the Fed will send regarding the future?
Any hint of a 'hawkish' stance could trigger an immediate collapse of risk assets. We are paying close attention to every word from Jerome!