Interest Rate Decision Today
Today at 2:00 we will hear from the Fed on their interest rate decision.
We are expecting no cut to interest rates at this meeting. If we do see a cut, the market will move violently and you should focus on interest rate-sensitive indexes such as XBI XHB XLRE and KRE.
As of this weekend, these were the probabilities for the interest rate decision:
You can see there is only a 6.2% chance of a cut so anything besides rates remaining unchanged is highly unlikely.
Trade to win and watch this video where I break down the interest rate trade and how I am positioning for rate cuts: