With S&P just touch the ATH, is to show market has already priced in 25bsp. Instead market is actually expecting a 50bsp cut. However even if JP were to announce having a 50bsp cut it still depends on what's next, if the rest of the cuts for the year is gonna be 'data dependent' then market May not react well to it, as market don't like uncertainty.
Modify on 2024-09-18 22:02
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