🚨 UPDATE: 🇺🇸

Markets are now pricing in a 96% probability that the U.S. Federal Reserve will HOLD interest rates steady in January.

This reinforces the current “higher for longer” narrative — reducing near-term rate-cut hopes while keeping liquidity conditions tight.

📊 Market Impact:

• Risk assets remain sensitive to Fed messaging

• Volatility likely around forward guidance, not the decision itself

• Liquidity-driven plays stay in focus

👀

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