QCP analysis points out that after Monday's volatility, the market has entered a wait-and-see mode this week. Bitcoin is fluctuating around $95,000, rebounding about 5% from its previous low. The stock and forex markets remain stable ahead of next week’s Federal Reserve meeting. The general consensus is that the next catalyst will come from changes in Fed leadership. Currently, Kevin Hassett has about an 85% probability of becoming the next Fed Chair, and Trump is expected to make the formal appointment early next year. Futures markets indicate there is about a 90% chance of a 25 basis point rate cut by the FOMC next week. The market’s focus is shifting from inflation data to governance structure, policy direction, and institutional trends.
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QCP analysis points out that after Monday's volatility, the market has entered a wait-and-see mode this week. Bitcoin is fluctuating around $95,000, rebounding about 5% from its previous low. The stock and forex markets remain stable ahead of next week’s Federal Reserve meeting. The general consensus is that the next catalyst will come from changes in Fed leadership. Currently, Kevin Hassett has about an 85% probability of becoming the next Fed Chair, and Trump is expected to make the formal appointment early next year. Futures markets indicate there is about a 90% chance of a 25 basis point rate cut by the FOMC next week. The market’s focus is shifting from inflation data to governance structure, policy direction, and institutional trends.