Analysts: The expectation of a rate cut by the Federal Reserve in September has cooled, but the market still seems to be waiting for signals

ChainCatcher news, market analysts say that, frankly, the current small decline in the U.S. stock market is surprising, with the S&P 500 index currently down 0.4%. Yesterday, the market's expectation for a rate cut by the Federal Reserve in September was as high as 68%, but this probability has now plummeted to only 45%. Despite such a significant adjustment in policy expectations, the market has not seen a more severe sell-off, reflecting the resilience of investor sentiment, or perhaps still waiting for more confirmation signals. (Jin Shi)