๐จ MACRO UPDATE | FED POLICY SIGNAL ๐บ๐ธ
Markets are adjusting fast after today's US jobless claims came in better than expected, which is reinforcing the strong labor market story.
Current pricing now shows roughly a 95% probability that the Fed will hold rates steady at the January 28 FOMC meetingโno cut.
This is important. A pause would confirm that the easing cycle is likely to be more gradual and very data-dependent going forward. That setup can create short-term choppiness, while still supporting assets that are riding liquidity flows and showing relative strength.
A few markets already starting to reflect this macro shift ๐