Global markets sink as Fed rate‑cut hopes fade and traders remain unsure of what to do

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Global markets sink as Fed rate‑cut hopes fade and traders remain unsure of what to do



Global markets sink as Fed rate‑cut hopes fade and traders remain unsure of what to do

  • Markets around the world are wobbling hard because bets on a rate cut by the Federal Reserve are evaporating, and the odds have dropped to roughly 50‑50 from much higher, per the CME FedWatchTool.
  • Wall Street’s tech‑heavy indexes took a tumble, and Asian markets followed suit as hawkish Fed comments piled up and disappointing Chinese data darkened the mood.



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