The Federal Reserve is anticipated to lower interest rates by 25 basis points tonight, according to QCP analysis. However, due to the current data blackout period, Federal Reserve Chair Jerome Powell's forward guidance is expected to be limited. Meanwhile, despite ongoing trade tensions, there are signs of easing relations ahead of the meeting between Trump and Xi Jinping.
In the market, artificial intelligence remains a key focus, with chip and data center sectors continuing to rise. The cryptocurrency market is still recovering from losses incurred during the October flash crash. DATs are trading below 1 MNAV, and potential corporate buybacks could trigger a new wave of selling pressure.
Federal Reserve Expected to Cut Rates by 25 Basis Points Amid Limited Guidance
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